DOT-USD vs. XRP-USD
DOT-USD (Polkadot) and XRP-USD (Ripple) are both cryptocurrencies. Over the past 3 years, DOT-USD returned -40.00%/yr vs 30.54%/yr for XRP-USD. At a 0.17 correlation, their price movements are largely independent.
Performance
DOT-USD vs. XRP-USD - Performance Comparison
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Returns By Period
In the year-to-date period, DOT-USD achieves a -38.72% return, which is significantly lower than XRP-USD's -35.17% return.
DOT-USD
- 1D
- 1.69%
- 1M
- -10.83%
- YTD
- -38.72%
- 6M
- -53.72%
- 1Y
- -73.55%
- 3Y*
- -40.00%
- 5Y*
- —
- 10Y*
- —
XRP-USD
- 1D
- -1.46%
- 1M
- -14.32%
- YTD
- -35.17%
- 6M
- -45.75%
- 1Y
- -46.92%
- 3Y*
- 30.54%
- 5Y*
- 4.21%
- 10Y*
- —
DOT-USD vs. XRP-USD - Yearly Performance Comparison
Correlation
The correlation between DOT-USD and XRP-USD is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.79 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Jun 16, 2021 | 0.17 |
Over the past year, DOT-USD and XRP-USD have become more correlated (0.79) than their long-term average of 0.17, meaning their price movements have been converging.
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Return for Risk
DOT-USD vs. XRP-USD — Risk / Return Rank
DOT-USD
XRP-USD
DOT-USD vs. XRP-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Polkadot (DOT-USD) and Ripple (XRP-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.
| DOT-USD | XRP-USD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.86 | -0.70 | -0.16 |
Sortino ratioReturn per unit of downside risk | -1.72 | -0.88 | -0.84 |
Omega ratioGain probability vs. loss probability | 0.84 | 0.91 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | -0.96 | -0.71 | -0.26 |
Martin ratioReturn relative to average drawdown | -1.47 | -1.10 | -0.37 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DOT-USD | XRP-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.86 | -0.70 | -0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.05 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.52 | 0.55 | -1.07 |
Drawdowns
DOT-USD vs. XRP-USD - Drawdown Comparison
The maximum DOT-USD drawdown since its inception was -98.00%, roughly equal to the maximum XRP-USD drawdown of -95.87%. Use the drawdown chart below to compare losses from any high point for DOT-USD and XRP-USD.
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Drawdown Indicators
| DOT-USD | XRP-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.00% | -95.87% | -2.13% |
Max Drawdown (1Y)Largest decline over 1 year | -76.35% | -66.44% | -9.91% |
Max Drawdown (3Y)Largest decline over 3 years | -90.68% | -66.44% | -24.24% |
Max Drawdown (5Y)Largest decline over 5 years | — | -77.83% | — |
Current DrawdownCurrent decline from peak | -97.97% | -66.44% | -31.53% |
Average DrawdownAverage peak-to-trough decline | -80.93% | -71.02% | -9.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 58.20% | 43.08% | +15.12% |
Volatility
DOT-USD vs. XRP-USD - Volatility Comparison
Polkadot (DOT-USD) has a higher volatility of 15.10% compared to Ripple (XRP-USD) at 12.10%. This indicates that DOT-USD's price experiences larger fluctuations and is considered to be riskier than XRP-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 | XRP-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.10% | 12.10% | +3.00% |
Volatility (6M)Calculated over the trailing 6-month period | 58.25% | 45.52% | +12.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 71.22% | 55.98% | +15.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 72.83% | 72.48% | +0.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 72.83% | 111.86% | -39.03% |
Frequently Asked Questions
DOT-USD and XRP-USD have a correlation of 0.79, 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 (15.10%) compared to XRP-USD (12.10%). In terms of maximum drawdown, DOT-USD dropped -98.00% vs XRP-USD's -95.87%.
XRP-USD currently has the higher Sharpe Ratio (-0.70 vs -0.86), 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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