DOT-USD vs. XRP-USD
Compare and contrast key facts about Polkadot (DOT-USD) and Ripple (XRP-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DOT-USD or XRP-USD.
Correlation
The correlation between DOT-USD and XRP-USD is 0.63, 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.
Performance
DOT-USD vs. XRP-USD - Performance Comparison
Key characteristics
DOT-USD:
-0.14
XRP-USD:
6.31
DOT-USD:
0.41
XRP-USD:
4.86
DOT-USD:
1.04
XRP-USD:
1.55
DOT-USD:
0.01
XRP-USD:
4.89
DOT-USD:
-0.35
XRP-USD:
40.03
DOT-USD:
35.19%
XRP-USD:
14.32%
DOT-USD:
71.43%
XRP-USD:
69.41%
DOT-USD:
-93.24%
XRP-USD:
-95.87%
DOT-USD:
-85.74%
XRP-USD:
-31.81%
Returns By Period
In the year-to-date period, DOT-USD achieves a -6.16% return, which is significantly lower than XRP-USD's 274.56% return.
DOT-USD
-6.16%
28.02%
32.71%
14.50%
N/A
N/A
XRP-USD
274.56%
106.03%
366.98%
280.43%
63.80%
N/A
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Risk-Adjusted Performance
DOT-USD vs. XRP-USD - Risk-Adjusted Performance 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.
Drawdowns
DOT-USD vs. XRP-USD - Drawdown Comparison
The maximum DOT-USD drawdown since its inception was -93.24%, 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. For additional features, visit the drawdowns tool.
Volatility
DOT-USD vs. XRP-USD - Volatility Comparison
The current volatility for Polkadot (DOT-USD) is 40.78%, while Ripple (XRP-USD) has a volatility of 43.24%. This indicates that DOT-USD experiences smaller price fluctuations and is considered to be less risky than XRP-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.