LEGR vs. SDEV

Last updated Jun 14, 2026

LEGR (First Trust Indxx Innovative Transaction & Process ETF) is Blockchain fund tracking the Indxx Blockchain Index, while SDEV (Stablecoin Development Corporation) is a stock. Over the past 5 years, LEGR returned 11.61%/yr vs -79.74%/yr for SDEV. At a 0.13 correlation, their price movements are largely independent.

Performance

LEGR vs. SDEV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Indxx Innovative Transaction & Process ETF (LEGR) and Stablecoin Development Corporation (SDEV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LEGR achieves a 11.18% return, which is significantly higher than SDEV's -96.42% return.

LEGR

• 1D: 0.92%
• 1M: 4.00%
• YTD: 11.18%
• 6M: 13.29%
• 1Y: 28.16%
• 3Y*: 22.32%
• 5Y*: 11.61%
• 10Y*: —

SDEV

• 1D: -7.34%
• 1M: -38.41%
• YTD: -96.42%
• 6M: -92.79%
• 1Y: -49.07%
• 3Y*: -76.92%
• 5Y*: -79.74%
• 10Y*: -60.40%

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

LEGR vs. SDEV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
LEGR First Trust Indxx Innovative Transaction & Process ETF	11.18%	30.83%	16.25%	22.79%	-19.01%	17.91%	18.73%	27.99%	-14.65%
SDEV Stablecoin Development Corporation	-96.42%	1,319.69%	-91.58%	-89.54%	-85.21%	-45.97%	8.91%	-17.17%	-77.92%

Correlation

The correlation between LEGR and SDEV is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.13
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (5Y) Calculated over the trailing 5-year period	0.14
Correlation (All Time) Calculated using the full available price history since Jan 25, 2018	0.13

Return for Risk

LEGR vs. SDEV — Risk / Return Rank

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

LEGR

LEGR Risk / Return Rank: 63
LEGR Sharpe Ratio Rank: 67
LEGR Sortino Ratio Rank: 65
LEGR Omega Ratio Rank: 64
LEGR Calmar Ratio Rank: 60
LEGR Martin Ratio Rank: 61

SDEV

SDEV Risk / Return Rank: 43
SDEV Sharpe Ratio Rank: 33
SDEV Sortino Ratio Rank: 66
SDEV Omega Ratio Rank: 66
SDEV Calmar Ratio Rank: 23
SDEV Martin Ratio Rank: 28

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.

LEGR vs. SDEV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx Innovative Transaction & Process ETF (LEGR) and Stablecoin Development Corporation (SDEV). 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.

	LEGR	SDEV	Difference
Sharpe ratio: Return per unit of total volatility	1.91	-0.22	+2.13
Sortino ratio: Return per unit of downside risk	2.61	1.45	+1.16
Omega ratio: Gain probability vs. loss probability	1.34	1.19	+0.15
Calmar ratio: Return relative to maximum drawdown	2.64	-0.53	+3.17
Martin ratio: Return relative to average drawdown	9.72	-0.77	+10.49

LEGR vs. SDEV - Sharpe Ratio Comparison

The current LEGR Sharpe Ratio is 1.91, which is higher than the SDEV Sharpe Ratio of -0.22. The chart below compares the historical Sharpe Ratios of LEGR and SDEV, 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

LEGR vs. SDEV - Drawdown Comparison

The maximum LEGR drawdown since its inception was -36.12%, smaller than the maximum SDEV drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for LEGR and SDEV.

Drawdown Indicators

	LEGR	SDEV	Difference
Max Drawdown Largest peak-to-trough decline	-36.12%	-100.00%	+63.88%
Max Drawdown (1Y) Largest decline over 1 year	-10.40%	-98.95%	+88.55%
Max Drawdown (3Y) Largest decline over 3 years	-14.25%	-99.00%	+84.75%
Max Drawdown (5Y) Largest decline over 5 years	-31.45%	-99.97%	+68.52%
Max Drawdown (10Y) Largest decline over 10 years	—	-100.00%	—
Current Drawdown Current decline from peak	-2.56%	-100.00%	+97.44%
Average Drawdown Average peak-to-trough decline	-6.60%	-83.46%	+76.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.82%	67.95%	-65.13%

Volatility

LEGR vs. SDEV - Volatility Comparison

The current volatility for First Trust Indxx Innovative Transaction & Process ETF (LEGR) is 5.87%, while Stablecoin Development Corporation (SDEV) has a volatility of 21.63%. This indicates that LEGR experiences smaller price fluctuations and is considered to be less risky than SDEV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LEGR	SDEV	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.87%	21.63%	-15.76%
Volatility (6M) Calculated over the trailing 6-month period	12.07%	179.82%	-167.75%
Volatility (1Y) Calculated over the trailing 1-year period	14.34%	244.65%	-230.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.07%	140.48%	-123.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.33%	333.66%	-313.33%

Dividends

LEGR vs. SDEV - Dividend Comparison

LEGR's dividend yield for the trailing twelve months is around 1.68%, less than SDEV's 396.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
LEGR First Trust Indxx Innovative Transaction & Process ETF	1.68%	1.84%	2.40%	2.56%	2.64%	1.80%	0.95%	2.04%	1.30%
SDEV Stablecoin Development Corporation	396.04%	14.18%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LEGR and SDEV in my portfolio?

LEGR and SDEV have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LEGR or SDEV?

SDEV has higher volatility (21.63%) compared to LEGR (5.87%). In terms of maximum drawdown, LEGR dropped -36.12% vs SDEV's -100.00%.

Which has better risk-adjusted returns?

LEGR currently has the higher Sharpe Ratio (1.91 vs -0.22), 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.