DOT-USD vs. DOGE-USD
DOT-USD (Polkadot) and DOGE-USD (Dogecoin) are both cryptocurrencies. Over the past 3 years, DOT-USD returned -40.54%/yr vs 11.71%/yr for DOGE-USD. At a 0.23 correlation, their price movements are largely independent.
Performance
DOT-USD vs. DOGE-USD - Performance Comparison
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Returns By Period
In the year-to-date period, DOT-USD achieves a -46.23% return, which is significantly lower than DOGE-USD's -26.59% return.
DOT-USD
- 1D
- 1.14%
- 1M
- -27.54%
- YTD
- -46.23%
- 6M
- -52.24%
- 1Y
- -75.49%
- 3Y*
- -40.54%
- 5Y*
- —
- 10Y*
- —
DOGE-USD
- 1D
- 0.11%
- 1M
- -23.55%
- YTD
- -26.59%
- 6M
- -37.14%
- 1Y
- -52.50%
- 3Y*
- 11.71%
- 5Y*
- -23.30%
- 10Y*
- —
DOT-USD vs. DOGE-USD - Yearly Performance Comparison
Correlation
The correlation between DOT-USD and DOGE-USD is 0.82, 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 | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Jun 15, 2021 | 0.23 |
Over the past year, DOT-USD and DOGE-USD have become more correlated (0.82) than their long-term average of 0.23, meaning their price movements have been converging.
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Return for Risk
DOT-USD vs. DOGE-USD — Risk / Return Rank
DOT-USD
DOGE-USD
DOT-USD vs. DOGE-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Polkadot (DOT-USD) and Dogecoin (DOGE-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 | DOGE-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | -1.05 | ||
| Omega ratioGain probability vs. loss probability | 0.83 | 0.93 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | -0.73 | -0.21 |
| Martin ratioReturn relative to average drawdown | -1.47 | -1.07 | -0.40 |
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Drawdowns
DOT-USD vs. DOGE-USD - Drawdown Comparison
The maximum DOT-USD drawdown since its inception was -98.30%, which is greater than DOGE-USD's maximum drawdown of -92.29%. Use the drawdown chart below to compare losses from any high point for DOT-USD and DOGE-USD.
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Drawdown Indicators
| DOT-USD | DOGE-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.30% | -92.29% | -6.01% |
Max Drawdown (1Y)Largest decline over 1 year | -79.88% | -71.87% | -8.01% |
Max Drawdown (3Y)Largest decline over 3 years | -92.08% | -82.55% | -9.53% |
Max Drawdown (5Y)Largest decline over 5 years | — | -84.48% | — |
Current DrawdownCurrent decline from peak | -98.22% | -87.43% | -10.79% |
Average DrawdownAverage peak-to-trough decline | -81.06% | -75.12% | -5.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 60.04% | 54.55% | +5.49% |
Volatility
DOT-USD vs. DOGE-USD - Volatility Comparison
Polkadot (DOT-USD) has a higher volatility of 17.56% compared to Dogecoin (DOGE-USD) at 15.70%. This indicates that DOT-USD's price experiences larger fluctuations and is considered to be riskier than DOGE-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 | DOGE-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.56% | 15.70% | +1.86% |
Volatility (6M)Calculated over the trailing 6-month period | 58.20% | 48.90% | +9.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 71.60% | 65.76% | +5.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 72.80% | 78.94% | -6.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 72.80% | 760.45% | -687.65% |
Frequently Asked Questions
DOT-USD and DOGE-USD have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DOT-USD has higher volatility (17.56%) compared to DOGE-USD (15.70%). In terms of maximum drawdown, DOT-USD dropped -98.30% vs DOGE-USD's -92.29%.
DOGE-USD currently has the higher Sharpe Ratio (-0.67 vs -0.88), 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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