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ETC-USD vs. TRX-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Key characteristics


ETC-USDTRX-USD
YTD Return-6.69%49.58%
1Y Return-0.87%62.85%
3Y Return (Ann)-30.47%12.07%
5Y Return (Ann)32.25%52.70%
Sharpe Ratio-0.600.56
Sortino Ratio-0.621.04
Omega Ratio0.941.11
Calmar Ratio0.000.11
Martin Ratio-1.111.72
Ulcer Index39.18%11.91%
Daily Std Dev62.22%30.50%
Max Drawdown-92.12%-96.01%
Current Drawdown-84.76%-26.97%

Correlation

-0.50.00.51.00.6

The correlation between ETC-USD and TRX-USD is 0.60, 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

ETC-USD vs. TRX-USD - Performance Comparison

In the year-to-date period, ETC-USD achieves a -6.69% return, which is significantly lower than TRX-USD's 49.58% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-30.00%-20.00%-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
-22.73%
27.43%
ETC-USD
TRX-USD

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Risk-Adjusted Performance

ETC-USD vs. TRX-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Ethereum Classic (ETC-USD) and Tronix (TRX-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.


ETC-USD
Sharpe ratio
The chart of Sharpe ratio for ETC-USD, currently valued at -0.60, compared to the broader market-1.00-0.500.000.501.00-0.60
Sortino ratio
The chart of Sortino ratio for ETC-USD, currently valued at -0.62, compared to the broader market-2.00-1.000.001.00-0.62
Omega ratio
The chart of Omega ratio for ETC-USD, currently valued at 0.94, compared to the broader market0.901.001.101.200.94
Calmar ratio
The chart of Calmar ratio for ETC-USD, currently valued at 0.00, compared to the broader market0.200.400.600.00
Martin ratio
The chart of Martin ratio for ETC-USD, currently valued at -1.11, compared to the broader market0.002.004.00-1.11
TRX-USD
Sharpe ratio
The chart of Sharpe ratio for TRX-USD, currently valued at 0.56, compared to the broader market-1.00-0.500.000.501.000.56
Sortino ratio
The chart of Sortino ratio for TRX-USD, currently valued at 1.04, compared to the broader market-2.00-1.000.001.001.04
Omega ratio
The chart of Omega ratio for TRX-USD, currently valued at 1.11, compared to the broader market0.901.001.101.201.11
Calmar ratio
The chart of Calmar ratio for TRX-USD, currently valued at 0.11, compared to the broader market0.200.400.600.11
Martin ratio
The chart of Martin ratio for TRX-USD, currently valued at 1.72, compared to the broader market0.002.004.001.72

ETC-USD vs. TRX-USD - Sharpe Ratio Comparison

The current ETC-USD Sharpe Ratio is -0.60, which is lower than the TRX-USD Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of ETC-USD and TRX-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
-0.60
0.56
ETC-USD
TRX-USD

Drawdowns

ETC-USD vs. TRX-USD - Drawdown Comparison

The maximum ETC-USD drawdown since its inception was -92.12%, roughly equal to the maximum TRX-USD drawdown of -96.01%. Use the drawdown chart below to compare losses from any high point for ETC-USD and TRX-USD. For additional features, visit the drawdowns tool.


-90.00%-80.00%-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%JuneJulyAugustSeptemberOctoberNovember
-84.76%
-26.97%
ETC-USD
TRX-USD

Volatility

ETC-USD vs. TRX-USD - Volatility Comparison

Ethereum Classic (ETC-USD) has a higher volatility of 14.72% compared to Tronix (TRX-USD) at 6.43%. This indicates that ETC-USD's price experiences larger fluctuations and is considered to be riskier than TRX-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%JuneJulyAugustSeptemberOctoberNovember
14.72%
6.43%
ETC-USD
TRX-USD