FWDI vs. SOL-USD

Last updated Apr 2, 2026

Compare and contrast key facts about Forward Industries, Inc (FWDI) and Solana (SOL-USD).

Performance

FWDI vs. SOL-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Forward Industries, Inc (FWDI) and Solana (SOL-USD). The values are adjusted to include any dividend payments, if applicable.

FWDI vs. SOL-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FWDI Forward Industries, Inc	-32.83%	33.54%	-32.14%	-31.93%	-31.31%	-14.29%	65.45%
SOL-USD Solana	-36.36%	-34.09%	85.68%	919.96%	-94.13%	11,143.63%	58.87%

Returns By Period

In the year-to-date period, FWDI achieves a -32.83% return, which is significantly higher than SOL-USD's -36.36% return.

FWDI

• 1D: 0.23%
• 1M: -1.33%
• YTD: -32.83%
• 6M: -83.39%
• 1Y: 3.98%
• 3Y*: -26.43%
• 5Y*: -30.91%
• 10Y*: -10.05%

SOL-USD

• 1D: -2.43%
• 1M: -8.96%
• YTD: -36.36%
• 6M: -66.28%
• 1Y: -32.54%
• 3Y*: 56.99%
• 5Y*: 28.56%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

FWDI vs. SOL-USD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FWDI

FWDI Risk / Return Rank: 47
FWDI Sharpe Ratio Rank: 40
FWDI Sortino Ratio Rank: 57
FWDI Omega Ratio Rank: 54
FWDI Calmar Ratio Rank: 41
FWDI Martin Ratio Rank: 40

SOL-USD

SOL-USD Risk / Return Rank: 58
SOL-USD Sharpe Ratio Rank: 69
SOL-USD Sortino Ratio Rank: 64
SOL-USD Omega Ratio Rank: 65
SOL-USD Calmar Ratio Rank: 59
SOL-USD Martin Ratio Rank: 35

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FWDI vs. SOL-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Forward Industries, Inc (FWDI) 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.

	FWDI	SOL-USD	Difference
Sharpe ratio Return per unit of total volatility	0.03	-0.43	+0.46
Sortino ratio Return per unit of downside risk	1.12	-0.19	+1.32
Omega ratio Gain probability vs. loss probability	1.13	0.98	+0.15
Calmar ratio Return relative to maximum drawdown	0.08	-1.03	+1.10
Martin ratio Return relative to average drawdown	0.12	-1.64	+1.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FWDI vs. SOL-USD - Sharpe Ratio Comparison

The current FWDI Sharpe Ratio is 0.03, which is higher than the SOL-USD Sharpe Ratio of -0.43. The chart below compares the historical Sharpe Ratios of FWDI and SOL-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.

Sharpe Ratios by Period

	FWDI	SOL-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.03	-0.43	+0.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.36	0.27	-0.63
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.11	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.04	0.90	-0.94

Correlation

The correlation between FWDI and SOL-USD is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

FWDI vs. SOL-USD - Drawdown Comparison

The maximum FWDI drawdown since its inception was -98.85%, roughly equal to the maximum SOL-USD drawdown of -96.27%. Use the drawdown chart below to compare losses from any high point for FWDI and SOL-USD.

Drawdown Indicators

	FWDI	SOL-USD	Difference
Max Drawdown Largest peak-to-trough decline	-98.85%	-96.27%	-2.58%
Max Drawdown (1Y) Largest decline over 1 year	-89.41%	-68.54%	-20.87%
Max Drawdown (5Y) Largest decline over 5 years	-89.72%	-96.27%	+6.55%
Max Drawdown (10Y) Largest decline over 10 years	-93.24%	—	—
Current Drawdown Current decline from peak	-98.45%	-69.77%	-28.68%
Average Drawdown Average peak-to-trough decline	-82.15%	-50.88%	-31.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	56.34%	42.95%	+13.39%

Volatility

FWDI vs. SOL-USD - Volatility Comparison

Forward Industries, Inc (FWDI) has a higher volatility of 27.56% compared to Solana (SOL-USD) at 16.17%. This indicates that FWDI's price experiences larger fluctuations and is considered to be riskier than SOL-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FWDI	SOL-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.56%	16.17%	+11.39%
Volatility (6M) Calculated over the trailing 6-month period	73.81%	54.42%	+19.39%
Volatility (1Y) Calculated over the trailing 1-year period	132.62%	63.60%	+69.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	85.84%	88.86%	-3.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	90.17%	101.02%	-10.85%