HBAR-USD vs. UCG.MI

Last updated Jun 14, 2026

HBAR-USD (HederaHashgraph) is a cryptocurrency, while UCG.MI (UniCredit S.p.A.) is a stock. Over the past 5 years, HBAR-USD returned -16.92%/yr vs 53.22%/yr for UCG.MI. At a 0.10 correlation, their price movements are largely independent.

Performance

HBAR-USD vs. UCG.MI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in HederaHashgraph (HBAR-USD) and UniCredit S.p.A. (UCG.MI). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

HBAR-USD is traded in USD, while UCG.MI is traded in EUR. To make them comparable, the UCG.MI values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, HBAR-USD achieves a -26.14% return, which is significantly lower than UCG.MI's 4.26% return.

HBAR-USD

• 1D: 0.30%
• 1M: -17.44%
• YTD: -26.14%
• 6M: -36.26%
• 1Y: -50.71%
• 3Y*: 20.01%
• 5Y*: -16.92%
• 10Y*: —

UCG.MI

• 1D: 3.99%
• 1M: 0.42%
• YTD: 4.26%
• 6M: 9.65%
• 1Y: 37.05%
• 3Y*: 70.33%
• 5Y*: 53.22%
• 10Y*: 34.03%

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

HBAR-USD vs. UCG.MI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
HBAR-USD HederaHashgraph	-26.14%	-60.44%	212.23%	135.51%	-87.44%	812.76%	211.49%	-97.54%
UCG.MI UniCredit S.p.A.	4.26%	119.11%	59.43%	101.17%	-1.90%	65.36%	-35.50%	17.72%

Correlation

The correlation between HBAR-USD and UCG.MI is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.10
Correlation (5Y) Calculated over the trailing 5-year period	0.11
Correlation (All Time) Calculated using the full available price history since Sep 17, 2019	0.10

Return for Risk

HBAR-USD vs. UCG.MI — Risk / Return Rank

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

HBAR-USD

HBAR-USD Risk / Return Rank: 61
HBAR-USD Sharpe Ratio Rank: 56
HBAR-USD Sortino Ratio Rank: 58
HBAR-USD Omega Ratio Rank: 58
HBAR-USD Calmar Ratio Rank: 65
HBAR-USD Martin Ratio Rank: 69

UCG.MI

UCG.MI Risk / Return Rank: 72
UCG.MI Sharpe Ratio Rank: 76
UCG.MI Sortino Ratio Rank: 73
UCG.MI Omega Ratio Rank: 69
UCG.MI Calmar Ratio Rank: 70
UCG.MI Martin Ratio Rank: 73

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.

HBAR-USD vs. UCG.MI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HederaHashgraph (HBAR-USD) and UniCredit S.p.A. (UCG.MI). 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.

	HBAR-USD	UCG.MI	Difference
Sharpe ratio: Return per unit of total volatility	-0.65	1.06	-1.71
Sortino ratio: Return per unit of downside risk	-0.80	1.68	-2.48
Omega ratio: Gain probability vs. loss probability	0.93	1.20	-0.27
Calmar ratio: Return relative to maximum drawdown	-0.69	1.30	-1.99
Martin ratio: Return relative to average drawdown	-0.98	3.61	-4.59

HBAR-USD vs. UCG.MI - Sharpe Ratio Comparison

The current HBAR-USD Sharpe Ratio is -0.65, which is lower than the UCG.MI Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of HBAR-USD and UCG.MI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HBAR-USD vs. UCG.MI - Drawdown Comparison

The maximum HBAR-USD drawdown since its inception was -97.58%, roughly equal to the maximum UCG.MI drawdown of -94.03%. Use the drawdown chart below to compare losses from any high point for HBAR-USD and UCG.MI.

Drawdown Indicators

	HBAR-USD	UCG.MI	Difference
Max Drawdown Largest peak-to-trough decline	-97.58%	-94.03%	-3.55%
Max Drawdown (1Y) Largest decline over 1 year	-73.39%	-26.80%	-46.59%
Max Drawdown (3Y) Largest decline over 3 years	-79.29%	-26.80%	-52.49%
Max Drawdown (5Y) Largest decline over 5 years	-92.79%	-50.48%	-42.31%
Max Drawdown (10Y) Largest decline over 10 years	—	-69.19%	—
Current Drawdown Current decline from peak	-84.50%	-7.29%	-77.21%
Average Drawdown Average peak-to-trough decline	-74.51%	-68.09%	-6.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	51.80%	9.62%	+42.18%

Volatility

HBAR-USD vs. UCG.MI - Volatility Comparison

HederaHashgraph (HBAR-USD) has a higher volatility of 16.33% compared to UniCredit S.p.A. (UCG.MI) at 8.74%. This indicates that HBAR-USD's price experiences larger fluctuations and is considered to be riskier than UCG.MI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HBAR-USD	UCG.MI	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.33%	8.74%	+7.59%
Volatility (6M) Calculated over the trailing 6-month period	43.30%	26.62%	+16.68%
Volatility (1Y) Calculated over the trailing 1-year period	65.06%	32.83%	+32.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	85.17%	37.98%	+47.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	108.57%	49.20%	+59.37%

Frequently Asked Questions

Can I hold both HBAR-USD and UCG.MI in my portfolio?

HBAR-USD and UCG.MI have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.