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HSDT vs. SOL-USD
Performance
Return for Risk
Drawdowns
Volatility

Performance

HSDT vs. SOL-USD - Performance Comparison

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

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Returns By Period

In the year-to-date period, HSDT achieves a -51.56% return, which is significantly lower than SOL-USD's -45.21% return.


HSDT

1D
-5.41%
1M
-35.19%
YTD
-51.56%
6M
-66.67%
1Y
-99.14%
3Y*
-93.85%
5Y*
-92.25%
10Y*
-74.33%

SOL-USD

1D
-4.67%
1M
-20.97%
YTD
-45.21%
6M
-50.97%
1Y
-55.53%
3Y*
50.45%
5Y*
11.49%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

HSDT vs. SOL-USD - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
HSDT
Helius Medical Technologies, Inc.
-51.56%-99.43%-91.66%-47.61%-94.09%-60.63%43.19%
SOL-USD
Solana
-45.21%-34.09%85.68%919.96%-94.13%11,143.63%58.87%

Correlation

The correlation between HSDT and SOL-USD is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.39

Correlation (3Y)
Calculated over the trailing 3-year period

0.20

Correlation (5Y)
Calculated over the trailing 5-year period

0.14

Correlation (All Time)
Calculated using the full available price history since Apr 11, 2020

0.12

Over the past year, HSDT and SOL-USD have become more correlated (0.39) than their long-term average of 0.12, meaning their price movements have been converging.

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Return for Risk

HSDT vs. SOL-USD — Risk / Return Rank

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

HSDT
HSDT Risk / Return Rank: 99
Overall Rank
HSDT Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
HSDT Sortino Ratio Rank: 22
Sortino Ratio Rank
HSDT Omega Ratio Rank: 22
Omega Ratio Rank
HSDT Calmar Ratio Rank: 00
Calmar Ratio Rank
HSDT Martin Ratio Rank: 1818
Martin Ratio Rank

SOL-USD
SOL-USD Risk / Return Rank: 4343
Overall Rank
SOL-USD Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
SOL-USD Sortino Ratio Rank: 4343
Sortino Ratio Rank
SOL-USD Omega Ratio Rank: 4444
Omega Ratio Rank
SOL-USD Calmar Ratio Rank: 5050
Calmar Ratio Rank
SOL-USD Martin Ratio Rank: 4242
Martin Ratio Rank
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.

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

This table presents a comparison of risk-adjusted performance metrics for Helius Medical Technologies, Inc. (HSDT) 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.


HSDTSOL-USDDifference
Sharpe ratioReturn per unit of total volatility

+0.30

Sortino ratioReturn per unit of downside risk

-0.99

Omega ratioGain probability vs. loss probability

0.73

0.90

-0.17

Calmar ratioReturn relative to maximum drawdown

-1.02

-0.77

-0.25

Martin ratioReturn relative to average drawdown

-1.11

-1.23

+0.12

HSDT vs. SOL-USD - Sharpe Ratio Comparison

The current HSDT Sharpe Ratio is -0.47, which is higher than the SOL-USD Sharpe Ratio of -0.77. The chart below compares the historical Sharpe Ratios of HSDT and SOL-USD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


HSDTSOL-USDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.47

-0.77

+0.30

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.59

0.12

-0.71

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.37

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.38

0.83

-1.22

Drawdowns

HSDT vs. SOL-USD - Drawdown Comparison

The maximum HSDT drawdown since its inception was -100.00%, roughly equal to the maximum SOL-USD drawdown of -96.27%. Use the drawdown chart below to compare losses from any high point for HSDT and SOL-USD.


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Drawdown Indicators


HSDTSOL-USDDifference

Max Drawdown

Largest peak-to-trough decline

-100.00%

-96.27%

-3.73%

Max Drawdown (1Y)

Largest decline over 1 year

-97.54%

-72.46%

-25.08%

Max Drawdown (3Y)

Largest decline over 3 years

-99.98%

-73.98%

-26.00%

Max Drawdown (5Y)

Largest decline over 5 years

-100.00%

-96.27%

-3.73%

Max Drawdown (10Y)

Largest decline over 10 years

-100.00%

Current Drawdown

Current decline from peak

-100.00%

-73.98%

-26.02%

Average Drawdown

Average peak-to-trough decline

-73.38%

-51.35%

-22.03%

Ulcer Index

Depth and duration of drawdowns from previous peaks

95.77%

51.73%

+44.04%

Volatility

HSDT vs. SOL-USD - Volatility Comparison

Helius Medical Technologies, Inc. (HSDT) has a higher volatility of 24.04% compared to Solana (SOL-USD) at 15.03%. This indicates that HSDT'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.


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Volatility by Period


HSDTSOL-USDDifference

Volatility (1M)

Calculated over the trailing 1-month period

24.04%

15.03%

+9.01%

Volatility (6M)

Calculated over the trailing 6-month period

68.19%

45.60%

+22.59%

Volatility (1Y)

Calculated over the trailing 1-year period

209.86%

59.86%

+150.00%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

156.28%

82.59%

+73.69%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

199.75%

99.85%

+99.90%

Frequently Asked Questions


HSDT and SOL-USD have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

HSDT has higher volatility (24.04%) compared to SOL-USD (15.03%). In terms of maximum drawdown, HSDT dropped -100.00% vs SOL-USD's -96.27%.

HSDT currently has the higher Sharpe Ratio (-0.47 vs -0.77), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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