DOT-USD vs. ADA-USD
DOT-USD (Polkadot) and ADA-USD (Cardano) are both cryptocurrencies. Over the past 5 years, DOT-USD returned -41.55%/yr vs -32.75%/yr for ADA-USD. At a 0.25 correlation, their price movements are largely independent.
Performance
DOT-USD vs. ADA-USD - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with DOT-USD having a -51.59% return and ADA-USD slightly higher at -51.52%.
DOT-USD
- 1D
- 2.25%
- 1M
- -14.53%
- 6M
- -59.12%
- YTD
- -51.59%
- 1Y
- -79.22%
- 3Y*
- -44.93%
- 5Y*
- -41.55%
- 10Y*
- —
ADA-USD
- 1D
- -2.18%
- 1M
- -6.27%
- 6M
- -58.95%
- YTD
- -51.52%
- 1Y
- -78.89%
- 3Y*
- -19.73%
- 5Y*
- -32.75%
- 10Y*
- —
DOT-USD vs. ADA-USD - Yearly Performance Comparison
Correlation
The correlation between DOT-USD and ADA-USD is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jun 15, 2021 | 0.25 |
Over the past year, DOT-USD and ADA-USD have become more correlated (0.84) than their long-term average of 0.25, meaning their price movements have been converging.
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Return for Risk
DOT-USD vs. ADA-USD — Risk / Return Rank
DOT-USD
ADA-USD
DOT-USD vs. ADA-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Polkadot (DOT-USD) and Cardano (ADA-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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DOT-USD | ADA-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.07 | ||
| Omega ratioGain probability vs. loss probability | 0.80 | 0.80 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | -0.96 | -0.93 | -0.04 |
| Martin ratioReturn relative to average drawdown | -1.39 | -1.33 | -0.06 |
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Drawdowns
DOT-USD vs. ADA-USD - Drawdown Comparison
The maximum DOT-USD drawdown since its inception was -98.50%, roughly equal to the maximum ADA-USD drawdown of -97.85%. Use the drawdown chart below to compare losses from any high point for DOT-USD and ADA-USD.
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Drawdown Indicators
| DOT-USD | ADA-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.50% | -97.85% | -0.65% |
Max Drawdown (1Y)Largest decline over 1 year | -82.23% | -85.07% | +2.84% |
Max Drawdown (3Y)Largest decline over 3 years | -93.00% | -88.33% | -4.67% |
Max Drawdown (5Y)Largest decline over 5 years | -98.50% | -95.16% | -3.34% |
Current DrawdownCurrent decline from peak | -98.40% | -94.56% | -3.84% |
Average DrawdownAverage peak-to-trough decline | -81.38% | -77.73% | -3.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 55.08% | 52.99% | +2.09% |
Volatility
DOT-USD vs. ADA-USD - Volatility Comparison
The current volatility for Polkadot (DOT-USD) is 13.52%, while Cardano (ADA-USD) has a volatility of 20.73%. This indicates that DOT-USD experiences smaller price fluctuations and is considered to be less risky than ADA-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DOT-USD | ADA-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.52% | 20.73% | -7.21% |
Volatility (6M)Calculated over the trailing 6-month period | 54.45% | 52.00% | +2.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 70.36% | 64.40% | +5.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.70% | 74.63% | -2.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 72.31% | 102.84% | -30.53% |
Frequently Asked Questions
DOT-USD and ADA-USD have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ADA-USD has higher volatility (20.73%) compared to DOT-USD (13.52%). In terms of maximum drawdown, DOT-USD dropped -98.50% vs ADA-USD's -97.85%.
DOT-USD currently has the higher Sharpe Ratio (-0.94 vs -1.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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