LINK-USD vs. PANW
LINK-USD (Chainlink) is a cryptocurrency, while PANW (Palo Alto Networks, Inc.) is a stock. Over the past 5 years, LINK-USD returned -16.76%/yr vs 36.19%/yr for PANW. At a 0.13 correlation, their price movements are largely independent.
Performance
LINK-USD vs. PANW - Performance Comparison
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Returns By Period
In the year-to-date period, LINK-USD achieves a -37.51% return, which is significantly lower than PANW's 57.93% return.
LINK-USD
- 1D
- -3.20%
- 1M
- -19.24%
- YTD
- -37.51%
- 6M
- -38.57%
- 1Y
- -40.69%
- 3Y*
- 7.44%
- 5Y*
- -16.76%
- 10Y*
- —
PANW
- 1D
- 1.58%
- 1M
- 11.64%
- YTD
- 57.93%
- 6M
- 54.64%
- 1Y
- 43.08%
- 3Y*
- 33.61%
- 5Y*
- 36.19%
- 10Y*
- 30.51%
LINK-USD vs. PANW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LINK-USD Chainlink | -37.51% | -39.00% | 33.73% | 168.18% | -71.46% | 73.35% | 539.54% | 506.40% | -52.70% | 292.06% |
PANW Palo Alto Networks, Inc. | 57.93% | 1.23% | 23.41% | 111.32% | -24.81% | 56.66% | 53.68% | 22.78% | 29.95% | 1.05% |
Correlation
The correlation between LINK-USD and PANW is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Sep 19, 2017 | 0.13 |
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Return for Risk
LINK-USD vs. PANW — Risk / Return Rank
LINK-USD
PANW
LINK-USD vs. PANW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Chainlink (LINK-USD) and Palo Alto Networks, Inc. (PANW). 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.
| LINK-USD | PANW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.64 | ||
| Sortino ratioReturn per unit of downside risk | -2.02 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.21 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | -0.56 | 1.20 | -1.76 |
| Martin ratioReturn relative to average drawdown | -0.82 | 2.72 | -3.54 |
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Drawdowns
LINK-USD vs. PANW - Drawdown Comparison
The maximum LINK-USD drawdown since its inception was -90.19%, which is greater than PANW's maximum drawdown of -47.98%. Use the drawdown chart below to compare losses from any high point for LINK-USD and PANW.
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Drawdown Indicators
| LINK-USD | PANW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.19% | -47.98% | -42.21% |
Max Drawdown (1Y)Largest decline over 1 year | -72.50% | -36.01% | -36.49% |
Max Drawdown (3Y)Largest decline over 3 years | -74.83% | -36.01% | -38.82% |
Max Drawdown (5Y)Largest decline over 5 years | -85.26% | -36.01% | -49.25% |
Max Drawdown (10Y)Largest decline over 10 years | — | -47.98% | — |
Current DrawdownCurrent decline from peak | -85.45% | -3.18% | -82.27% |
Average DrawdownAverage peak-to-trough decline | -60.50% | -14.67% | -45.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 43.05% | 15.89% | +27.16% |
Volatility
LINK-USD vs. PANW - Volatility Comparison
Chainlink (LINK-USD) and Palo Alto Networks, Inc. (PANW) have volatilities of 16.66% and 16.13%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LINK-USD | PANW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.66% | 16.13% | +0.53% |
Volatility (6M)Calculated over the trailing 6-month period | 44.90% | 32.18% | +12.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.67% | 39.00% | +25.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 74.75% | 41.75% | +33.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 100.77% | 38.62% | +62.15% |
Frequently Asked Questions
LINK-USD and PANW have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LINK-USD has higher volatility (16.66%) compared to PANW (16.13%). In terms of maximum drawdown, LINK-USD dropped -90.19% vs PANW's -47.98%.
PANW currently has the higher Sharpe Ratio (1.11 vs -0.53), 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.
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