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ETH-USD vs. BNB-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between ETH-USD and BNB-USD is 0.69, 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.


-0.50.00.51.00.7

Performance

ETH-USD vs. BNB-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ethereum (ETH-USD) and Binance Coin (BNB-USD). The values are adjusted to include any dividend payments, if applicable.

-40.00%-30.00%-20.00%-10.00%0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
11.57%
21.74%
ETH-USD
BNB-USD

Key characteristics

Sharpe Ratio

ETH-USD:

0.25

BNB-USD:

0.67

Sortino Ratio

ETH-USD:

0.87

BNB-USD:

1.27

Omega Ratio

ETH-USD:

1.09

BNB-USD:

1.13

Calmar Ratio

ETH-USD:

0.07

BNB-USD:

0.35

Martin Ratio

ETH-USD:

0.67

BNB-USD:

2.07

Ulcer Index

ETH-USD:

23.98%

BNB-USD:

17.21%

Daily Std Dev

ETH-USD:

53.59%

BNB-USD:

49.55%

Max Drawdown

ETH-USD:

-93.96%

BNB-USD:

-80.10%

Current Drawdown

ETH-USD:

-19.23%

BNB-USD:

-4.48%

Returns By Period

In the year-to-date period, ETH-USD achieves a 70.36% return, which is significantly lower than BNB-USD's 129.39% return.


ETH-USD

YTD

70.36%

1M

26.37%

6M

11.57%

1Y

75.29%

5Y (annualized)

97.51%

10Y (annualized)

N/A

BNB-USD

YTD

129.39%

1M

15.89%

6M

21.74%

1Y

196.95%

5Y (annualized)

121.49%

10Y (annualized)

N/A

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Risk-Adjusted Performance

ETH-USD vs. BNB-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Ethereum (ETH-USD) and Binance Coin (BNB-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.


Sharpe ratio
The chart of Sharpe ratio for ETH-USD, currently valued at 0.25, compared to the broader market0.001.002.003.004.005.000.250.67
The chart of Sortino ratio for ETH-USD, currently valued at 0.87, compared to the broader market-1.000.001.002.003.004.005.000.871.27
The chart of Omega ratio for ETH-USD, currently valued at 1.09, compared to the broader market1.001.201.401.601.091.13
The chart of Calmar ratio for ETH-USD, currently valued at 0.07, compared to the broader market1.002.003.004.000.070.35
The chart of Martin ratio for ETH-USD, currently valued at 0.67, compared to the broader market0.0010.0020.0030.000.672.07
ETH-USD
BNB-USD

The current ETH-USD Sharpe Ratio is 0.25, which is lower than the BNB-USD Sharpe Ratio of 0.67. The chart below compares the historical Sharpe Ratios of ETH-USD and BNB-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 Ratio0.002.004.006.00JulyAugustSeptemberOctoberNovemberDecember
0.25
0.67
ETH-USD
BNB-USD

Drawdowns

ETH-USD vs. BNB-USD - Drawdown Comparison

The maximum ETH-USD drawdown since its inception was -93.96%, which is greater than BNB-USD's maximum drawdown of -80.10%. Use the drawdown chart below to compare losses from any high point for ETH-USD and BNB-USD. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-19.23%
-4.48%
ETH-USD
BNB-USD

Volatility

ETH-USD vs. BNB-USD - Volatility Comparison

Ethereum (ETH-USD) and Binance Coin (BNB-USD) have volatilities of 19.80% and 19.33%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
19.80%
19.33%
ETH-USD
BNB-USD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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