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LINK-USD vs. BTC-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between LINK-USD and BTC-USD is 0.25, 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

LINK-USD vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ChainLink (LINK-USD) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

LINK-USD:

0.31

BTC-USD:

1.29

Sortino Ratio

LINK-USD:

2.02

BTC-USD:

3.21

Omega Ratio

LINK-USD:

1.20

BTC-USD:

1.34

Calmar Ratio

LINK-USD:

0.72

BTC-USD:

2.64

Martin Ratio

LINK-USD:

3.46

BTC-USD:

12.22

Ulcer Index

LINK-USD:

32.88%

BTC-USD:

11.20%

Daily Std Dev

LINK-USD:

82.13%

BTC-USD:

42.25%

Max Drawdown

LINK-USD:

-90.19%

BTC-USD:

-93.18%

Current Drawdown

LINK-USD:

-66.60%

BTC-USD:

-1.86%

Returns By Period

In the year-to-date period, LINK-USD achieves a -12.84% return, which is significantly lower than BTC-USD's 11.50% return.


LINK-USD

YTD

-12.84%

1M

38.11%

6M

29.36%

1Y

34.35%

5Y*

36.55%

10Y*

N/A

BTC-USD

YTD

11.50%

1M

23.22%

6M

15.00%

1Y

69.24%

5Y*

62.07%

10Y*

83.83%

*Annualized

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Risk-Adjusted Performance

LINK-USD vs. BTC-USD — Risk-Adjusted Performance Rank

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

LINK-USD
The Risk-Adjusted Performance Rank of LINK-USD is 7676
Overall Rank
The Sharpe Ratio Rank of LINK-USD is 7878
Sharpe Ratio Rank
The Sortino Ratio Rank of LINK-USD is 7575
Sortino Ratio Rank
The Omega Ratio Rank of LINK-USD is 7474
Omega Ratio Rank
The Calmar Ratio Rank of LINK-USD is 7878
Calmar Ratio Rank
The Martin Ratio Rank of LINK-USD is 7676
Martin Ratio Rank

BTC-USD
The Risk-Adjusted Performance Rank of BTC-USD is 9292
Overall Rank
The Sharpe Ratio Rank of BTC-USD is 9292
Sharpe Ratio Rank
The Sortino Ratio Rank of BTC-USD is 9393
Sortino Ratio Rank
The Omega Ratio Rank of BTC-USD is 9191
Omega Ratio Rank
The Calmar Ratio Rank of BTC-USD is 9494
Calmar Ratio Rank
The Martin Ratio Rank of BTC-USD is 9191
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

LINK-USD vs. BTC-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ChainLink (LINK-USD) and Bitcoin (BTC-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.


The current LINK-USD Sharpe Ratio is 0.31, which is lower than the BTC-USD Sharpe Ratio of 1.29. The chart below compares the historical Sharpe Ratios of LINK-USD and BTC-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Drawdowns

LINK-USD vs. BTC-USD - Drawdown Comparison

The maximum LINK-USD drawdown since its inception was -90.19%, roughly equal to the maximum BTC-USD drawdown of -93.18%. Use the drawdown chart below to compare losses from any high point for LINK-USD and BTC-USD. For additional features, visit the drawdowns tool.


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Volatility

LINK-USD vs. BTC-USD - Volatility Comparison

ChainLink (LINK-USD) has a higher volatility of 20.82% compared to Bitcoin (BTC-USD) at 10.27%. This indicates that LINK-USD's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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