LENZ vs. HDX1.DE
LENZ (LENZ Therapeutics Inc) is a stock, while HDX1.DE (Hashdex Nasdaq Crypto Index Europe ETP EUR) is Cryptocurrency fund tracking the Nasdaq Crypto Index. Over the past 3 years, LENZ returned -10.86%/yr vs 23.64%/yr for HDX1.DE. At a 0.13 correlation, their price movements are largely independent.
Performance
LENZ vs. HDX1.DE - Performance Comparison
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Different Trading Currencies
LENZ is traded in USD, while HDX1.DE is traded in EUR. To make them comparable, the HDX1.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, LENZ achieves a -56.19% return, which is significantly lower than HDX1.DE's -28.06% return.
LENZ
- 1D
- -1.68%
- 1M
- -24.46%
- YTD
- -56.19%
- 6M
- -74.96%
- 1Y
- -76.45%
- 3Y*
- -10.86%
- 5Y*
- —
- 10Y*
- —
HDX1.DE
- 1D
- -1.52%
- 1M
- -16.96%
- YTD
- -28.06%
- 6M
- -32.49%
- 1Y
- -39.23%
- 3Y*
- 23.64%
- 5Y*
- —
- 10Y*
- —
LENZ vs. HDX1.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
LENZ LENZ Therapeutics Inc | -56.19% | -44.58% | 230.71% | -21.08% | -3.49% |
HDX1.DE Hashdex Nasdaq Crypto Index Europe ETP EUR | -28.06% | -11.17% | 96.67% | 140.36% | -22.44% |
Correlation
The correlation between LENZ and HDX1.DE is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2022 | 0.13 |
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Return for Risk
LENZ vs. HDX1.DE — Risk / Return Rank
LENZ
HDX1.DE
LENZ vs. HDX1.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for LENZ Therapeutics Inc (LENZ) and Hashdex Nasdaq Crypto Index Europe ETP EUR (HDX1.DE). 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.
| LENZ | HDX1.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.43 | ||
| Omega ratioGain probability vs. loss probability | 0.79 | 0.86 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.89 | -0.75 | -0.14 |
| Martin ratioReturn relative to average drawdown | -1.41 | -1.27 | -0.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LENZ | HDX1.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.94 | -0.90 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.46 | 0.51 | -0.98 |
Drawdowns
LENZ vs. HDX1.DE - Drawdown Comparison
The maximum LENZ drawdown since its inception was -93.98%, which is greater than HDX1.DE's maximum drawdown of -52.43%. Use the drawdown chart below to compare losses from any high point for LENZ and HDX1.DE.
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Drawdown Indicators
| LENZ | HDX1.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.98% | -52.43% | -41.55% |
Max Drawdown (1Y)Largest decline over 1 year | -86.44% | -52.43% | -34.01% |
Max Drawdown (3Y)Largest decline over 3 years | -86.44% | -52.43% | -34.01% |
Current DrawdownCurrent decline from peak | -93.15% | -51.61% | -41.54% |
Average DrawdownAverage peak-to-trough decline | -78.62% | -15.33% | -63.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 54.23% | 30.81% | +23.42% |
Volatility
LENZ vs. HDX1.DE - Volatility Comparison
LENZ Therapeutics Inc (LENZ) has a higher volatility of 30.21% compared to Hashdex Nasdaq Crypto Index Europe ETP EUR (HDX1.DE) at 9.87%. This indicates that LENZ's price experiences larger fluctuations and is considered to be riskier than HDX1.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LENZ | HDX1.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 30.21% | 9.87% | +20.34% |
Volatility (6M)Calculated over the trailing 6-month period | 62.94% | 32.81% | +30.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 81.33% | 43.63% | +37.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 77.28% | 51.03% | +26.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 77.28% | 51.03% | +26.25% |
Dividends
LENZ vs. HDX1.DE - Dividend Comparison
Neither LENZ nor HDX1.DE has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
HDX1.DE Hashdex Nasdaq Crypto Index Europe ETP EUR | 0.00% | 0.00% | 0.00% |
LENZ LENZ Therapeutics Inc | 0.00% | 0.00% | 28.54% |
Frequently Asked Questions
LENZ and HDX1.DE have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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