ENEL.MI vs. SOL-USD
ENEL.MI (Enel SpA) is a stock, while SOL-USD (Solana) is a cryptocurrency. Over the past 5 years, ENEL.MI returned 10.38%/yr vs 13.02%/yr for SOL-USD. At a 0.08 correlation, their price movements are largely independent.
Performance
ENEL.MI vs. SOL-USD - Performance Comparison
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Different Trading Currencies
ENEL.MI is traded in EUR, while SOL-USD is traded in USD. To make them comparable, the SOL-USD values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, ENEL.MI achieves a 13.01% return, which is significantly higher than SOL-USD's -44.39% return.
ENEL.MI
- 1D
- 1.35%
- 1M
- 0.72%
- YTD
- 13.01%
- 6M
- 15.09%
- 1Y
- 29.94%
- 3Y*
- 24.05%
- 5Y*
- 10.38%
- 10Y*
- 15.79%
SOL-USD
- 1D
- 0.00%
- 1M
- -25.36%
- YTD
- -44.39%
- 6M
- -47.73%
- 1Y
- -54.22%
- 3Y*
- 63.95%
- 5Y*
- 13.02%
- 10Y*
- —
ENEL.MI vs. SOL-USD - Yearly Performance Comparison
Correlation
The correlation between ENEL.MI and SOL-USD is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Apr 10, 2020 | 0.08 |
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Return for Risk
ENEL.MI vs. SOL-USD — Risk / Return Rank
ENEL.MI
SOL-USD
ENEL.MI vs. SOL-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Enel SpA (ENEL.MI) 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.
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.
| ENEL.MI | SOL-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.28 | ||
| Sortino ratioReturn per unit of downside risk | +3.12 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 0.90 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 2.65 | -0.73 | +3.38 |
| Martin ratioReturn relative to average drawdown | 7.83 | -1.18 | +9.00 |
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Drawdowns
ENEL.MI vs. SOL-USD - Drawdown Comparison
The maximum ENEL.MI drawdown since its inception was -56.40%, smaller than the maximum SOL-USD drawdown of -95.78%. Use the drawdown chart below to compare losses from any high point for ENEL.MI and SOL-USD.
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Drawdown Indicators
| ENEL.MI | SOL-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.40% | -95.78% | +39.38% |
Max Drawdown (1Y)Largest decline over 1 year | -10.99% | -73.94% | +62.95% |
Max Drawdown (3Y)Largest decline over 3 years | -13.88% | -77.85% | +63.97% |
Max Drawdown (5Y)Largest decline over 5 years | -47.08% | -95.78% | +48.70% |
Max Drawdown (10Y)Largest decline over 10 years | -50.13% | — | — |
Current DrawdownCurrent decline from peak | -3.93% | -76.16% | +72.23% |
Average DrawdownAverage peak-to-trough decline | -15.15% | -50.56% | +35.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.72% | 52.88% | -49.16% |
Volatility
ENEL.MI vs. SOL-USD - Volatility Comparison
The current volatility for Enel SpA (ENEL.MI) is 5.33%, while Solana (SOL-USD) has a volatility of 16.09%. This indicates that ENEL.MI experiences smaller price fluctuations and is considered to be less risky than SOL-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ENEL.MI | SOL-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.33% | 16.09% | -10.76% |
Volatility (6M)Calculated over the trailing 6-month period | 17.28% | 47.29% | -30.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.27% | 58.69% | -39.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.09% | 81.20% | -60.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.78% | 100.98% | -78.20% |
Frequently Asked Questions
ENEL.MI and SOL-USD have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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