HUT.TO vs. ETH-USD
Compare and contrast key facts about Hut 8 Mining Corp. (HUT.TO) and Ethereum (ETH-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HUT.TO or ETH-USD.
Key characteristics
| HUT.TO | ETH-USD | |
|---|---|---|
| YTD Return | 96.38% | 39.94% |
| 1Y Return | 180.00% | 61.32% |
| 3Y Return (Ann) | -28.77% | -11.63% |
| 5Y Return (Ann) | 33.84% | 77.63% |
| Sharpe Ratio | 1.31 | -0.34 |
| Sortino Ratio | 2.21 | -0.09 |
| Omega Ratio | 1.25 | 0.99 |
| Calmar Ratio | 1.63 | 0.00 |
| Martin Ratio | 3.62 | -0.83 |
| Ulcer Index | 41.15% | 27.47% |
| Daily Std Dev | 113.49% | 52.47% |
| Max Drawdown | -94.44% | -93.96% |
| Current Drawdown | -64.93% | -33.65% |
Correlation
The correlation between HUT.TO and ETH-USD is 0.35, 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.
Performance
HUT.TO vs. ETH-USD - Performance Comparison
In the year-to-date period, HUT.TO achieves a 96.38% return, which is significantly higher than ETH-USD's 39.94% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
HUT.TO vs. ETH-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hut 8 Mining Corp. (HUT.TO) and Ethereum (ETH-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.
Drawdowns
HUT.TO vs. ETH-USD - Drawdown Comparison
The maximum HUT.TO drawdown since its inception was -94.44%, roughly equal to the maximum ETH-USD drawdown of -93.96%. Use the drawdown chart below to compare losses from any high point for HUT.TO and ETH-USD. For additional features, visit the drawdowns tool.
Volatility
HUT.TO vs. ETH-USD - Volatility Comparison
Hut 8 Mining Corp. (HUT.TO) has a higher volatility of 36.67% compared to Ethereum (ETH-USD) at 19.62%. This indicates that HUT.TO's price experiences larger fluctuations and is considered to be riskier than ETH-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.