JPY=X vs. XMR-USD
JPY=X (USD/JPY) is a currency, while XMR-USD (Monero) is a cryptocurrency. Over the past 10 years, JPY=X returned 4.15%/yr vs 88.87%/yr for XMR-USD. At a 0.11 correlation, their price movements are largely independent.
Performance
JPY=X vs. XMR-USD - Performance Comparison
Loading charts...
Different Trading Currencies
JPY=X is traded in JPY, while XMR-USD is traded in USD. To make them comparable, the XMR-USD values have been converted to JPY using the latest available exchange rates.
Returns By Period
In the year-to-date period, JPY=X achieves a 1.96% return, which is significantly higher than XMR-USD's -14.29% return. Over the past 10 years, JPY=X has underperformed XMR-USD with an annualized return of 4.15%, while XMR-USD has yielded a comparatively higher 88.87% annualized return.
JPY=X
- 1D
- 0.18%
- 1M
- 1.72%
- YTD
- 1.96%
- 6M
- 3.03%
- 1Y
- 11.08%
- 3Y*
- 4.56%
- 5Y*
- 7.87%
- 10Y*
- 4.15%
XMR-USD
- 1D
- 12.06%
- 1M
- -8.70%
- YTD
- -14.29%
- 6M
- -7.96%
- 1Y
- 17.55%
- 3Y*
- 41.76%
- 5Y*
- 13.03%
- 10Y*
- 88.87%
JPY=X vs. XMR-USD - Yearly Performance Comparison
Correlation
The correlation between JPY=X and XMR-USD is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since May 21, 2014 | 0.11 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
JPY=X vs. XMR-USD — Risk / Return Rank
JPY=X
XMR-USD
JPY=X vs. XMR-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for USD/JPY (JPY=X) and Monero (XMR-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.
| JPY=X | XMR-USD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.15 | 0.21 | +0.94 |
Sortino ratioReturn per unit of downside risk | 1.57 | 0.90 | +0.67 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.11 | +0.11 |
Calmar ratioReturn relative to maximum drawdown | 2.04 | 0.30 | +1.74 |
Martin ratioReturn relative to average drawdown | 6.04 | 0.56 | +5.47 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| JPY=X | XMR-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.15 | 0.21 | +0.94 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.75 | 0.17 | +0.58 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.82 | -0.38 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.54 | -0.40 |
Drawdowns
JPY=X vs. XMR-USD - Drawdown Comparison
The maximum JPY=X drawdown since its inception was -38.14%, smaller than the maximum XMR-USD drawdown of -93.97%. Use the drawdown chart below to compare losses from any high point for JPY=X and XMR-USD.
Loading charts...
Drawdown Indicators
| JPY=X | XMR-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.14% | -93.97% | +55.83% |
Max Drawdown (1Y)Largest decline over 1 year | -4.34% | -59.34% | +55.00% |
Max Drawdown (3Y)Largest decline over 3 years | -13.02% | -59.34% | +46.32% |
Max Drawdown (5Y)Largest decline over 5 years | -14.84% | -60.69% | +45.85% |
Max Drawdown (10Y)Largest decline over 10 years | -14.84% | -93.63% | +78.79% |
Current DrawdownCurrent decline from peak | -1.08% | -48.32% | +47.24% |
Average DrawdownAverage peak-to-trough decline | -14.50% | -58.19% | +43.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.29% | 36.12% | -34.83% |
Volatility
JPY=X vs. XMR-USD - Volatility Comparison
The current volatility for USD/JPY (JPY=X) is 0.71%, while Monero (XMR-USD) has a volatility of 25.25%. This indicates that JPY=X experiences smaller price fluctuations and is considered to be less risky than XMR-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JPY=X | XMR-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.71% | 25.25% | -24.54% |
Volatility (6M)Calculated over the trailing 6-month period | 5.59% | 66.79% | -61.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.71% | 69.95% | -62.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.58% | 62.70% | -53.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.86% | 90.07% | -81.21% |
Frequently Asked Questions
JPY=X and XMR-USD have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XMR-USD has higher volatility (25.25%) compared to JPY=X (0.71%). In terms of maximum drawdown, JPY=X dropped -38.14% vs XMR-USD's -93.97%.
JPY=X currently has the higher Sharpe Ratio (1.15 vs 0.21), 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.
Find the right allocation for JPY=X and XMR-USD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer