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

Key characteristics


ETH-USDSOL-USD
YTD Return37.20%37.04%
1Y Return63.99%522.67%
3Y Return (Ann)5.54%47.64%
Sharpe Ratio2.7714.61
Daily Std Dev41.74%75.36%
Max Drawdown-93.96%-96.27%
Current Drawdown-34.95%-46.28%

Correlation

-0.50.00.51.00.6

The correlation between ETH-USD and SOL-USD is 0.64, 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

ETH-USD vs. SOL-USD - Performance Comparison

The year-to-date returns for both stocks are quite close, with ETH-USD having a 37.20% return and SOL-USD slightly lower at 37.04%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%100.00%200.00%300.00%400.00%500.00%NovemberDecember2024FebruaryMarchApril
75.85%
338.27%
ETH-USD
SOL-USD

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Ethereum

Solana

Risk-Adjusted Performance

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

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


ETH-USD
Sharpe ratio
The chart of Sharpe ratio for ETH-USD, currently valued at 2.77, compared to the broader market0.002.004.006.008.0010.0012.002.77
Sortino ratio
The chart of Sortino ratio for ETH-USD, currently valued at 3.11, compared to the broader market0.001.002.003.004.005.003.11
Omega ratio
The chart of Omega ratio for ETH-USD, currently valued at 1.34, compared to the broader market1.001.101.201.301.401.501.34
Calmar ratio
The chart of Calmar ratio for ETH-USD, currently valued at 1.23, compared to the broader market2.004.006.008.0010.001.23
Martin ratio
The chart of Martin ratio for ETH-USD, currently valued at 16.44, compared to the broader market0.0020.0040.0060.0080.0016.44
SOL-USD
Sharpe ratio
The chart of Sharpe ratio for SOL-USD, currently valued at 14.61, compared to the broader market0.002.004.006.008.0010.0012.0014.61
Sortino ratio
The chart of Sortino ratio for SOL-USD, currently valued at 5.92, compared to the broader market0.001.002.003.004.005.005.92
Omega ratio
The chart of Omega ratio for SOL-USD, currently valued at 1.59, compared to the broader market1.001.101.201.301.401.501.59
Calmar ratio
The chart of Calmar ratio for SOL-USD, currently valued at 12.75, compared to the broader market2.004.006.008.0010.0012.75
Martin ratio
The chart of Martin ratio for SOL-USD, currently valued at 107.59, compared to the broader market0.0020.0040.0060.0080.00107.59

ETH-USD vs. SOL-USD - Sharpe Ratio Comparison

The current ETH-USD Sharpe Ratio is 2.77, which is lower than the SOL-USD Sharpe Ratio of 14.61. The chart below compares the 12-month rolling Sharpe Ratio of ETH-USD and SOL-USD.


Rolling 12-month Sharpe Ratio0.005.0010.0015.0020.0025.00NovemberDecember2024FebruaryMarchApril
2.77
14.61
ETH-USD
SOL-USD

Drawdowns

ETH-USD vs. SOL-USD - Drawdown Comparison

The maximum ETH-USD drawdown since its inception was -93.96%, roughly equal to the maximum SOL-USD drawdown of -96.27%. Use the drawdown chart below to compare losses from any high point for ETH-USD and SOL-USD. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%NovemberDecember2024FebruaryMarchApril
-34.95%
-46.28%
ETH-USD
SOL-USD

Volatility

ETH-USD vs. SOL-USD - Volatility Comparison

The current volatility for Ethereum (ETH-USD) is 19.02%, while Solana (SOL-USD) has a volatility of 26.50%. This indicates that ETH-USD 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.


5.00%10.00%15.00%20.00%25.00%30.00%35.00%40.00%NovemberDecember2024FebruaryMarchApril
19.02%
26.50%
ETH-USD
SOL-USD