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DOGE-USD vs. SOL-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Performance

DOGE-USD vs. SOL-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dogecoin (DOGE-USD) and Solana (SOL-USD). The values are adjusted to include any dividend payments, if applicable.

-50.00%0.00%50.00%100.00%150.00%JuneJulyAugustSeptemberOctoberNovember
152.09%
52.87%
DOGE-USD
SOL-USD

Returns By Period

In the year-to-date period, DOGE-USD achieves a 361.51% return, which is significantly higher than SOL-USD's 152.71% return.


DOGE-USD

YTD

361.51%

1M

198.15%

6M

152.09%

1Y

441.89%

5Y (annualized)

182.54%

10Y (annualized)

110.35%

SOL-USD

YTD

152.71%

1M

50.07%

6M

52.87%

1Y

353.22%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


DOGE-USDSOL-USD
Sharpe Ratio2.730.76
Sortino Ratio3.141.54
Omega Ratio1.301.15
Calmar Ratio2.140.52
Martin Ratio7.252.60
Ulcer Index39.11%24.32%
Daily Std Dev83.49%71.14%
Max Drawdown-95.27%-96.27%
Current Drawdown-40.48%-0.93%

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Correlation

-0.50.00.51.00.5

The correlation between DOGE-USD and SOL-USD is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Risk-Adjusted Performance

DOGE-USD vs. SOL-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Dogecoin (DOGE-USD) and Solana (SOL-USD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for DOGE-USD, currently valued at 2.73, compared to the broader market0.001.002.002.730.76
The chart of Sortino ratio for DOGE-USD, currently valued at 3.14, compared to the broader market-1.000.001.002.003.003.141.54
The chart of Omega ratio for DOGE-USD, currently valued at 1.30, compared to the broader market0.901.001.101.201.301.401.301.15
The chart of Calmar ratio for DOGE-USD, currently valued at 2.14, compared to the broader market0.501.001.502.002.140.52
The chart of Martin ratio for DOGE-USD, currently valued at 7.25, compared to the broader market0.005.0010.007.252.60
DOGE-USD
SOL-USD

The current DOGE-USD Sharpe Ratio is 2.73, which is higher than the SOL-USD Sharpe Ratio of 0.76. The chart below compares the historical Sharpe Ratios of DOGE-USD and SOL-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.005.0010.0015.0020.00JuneJulyAugustSeptemberOctoberNovember
2.73
0.76
DOGE-USD
SOL-USD

Drawdowns

DOGE-USD vs. SOL-USD - Drawdown Comparison

The maximum DOGE-USD drawdown since its inception was -95.27%, roughly equal to the maximum SOL-USD drawdown of -96.27%. Use the drawdown chart below to compare losses from any high point for DOGE-USD and SOL-USD. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-40.48%
-0.93%
DOGE-USD
SOL-USD

Volatility

DOGE-USD vs. SOL-USD - Volatility Comparison

Dogecoin (DOGE-USD) has a higher volatility of 42.87% compared to Solana (SOL-USD) at 23.64%. This indicates that DOGE-USD's price experiences larger fluctuations and is considered to be riskier than SOL-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


15.00%20.00%25.00%30.00%35.00%40.00%JuneJulyAugustSeptemberOctoberNovember
42.87%
23.64%
DOGE-USD
SOL-USD