LINK-USD vs. TRX-USD
Compare and contrast key facts about ChainLink (LINK-USD) and Tronix (TRX-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LINK-USD or TRX-USD.
Correlation
The correlation between LINK-USD and TRX-USD is 0.16, 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. TRX-USD - Performance Comparison
Key characteristics
LINK-USD:
0.71
TRX-USD:
1.05
LINK-USD:
1.68
TRX-USD:
3.10
LINK-USD:
1.17
TRX-USD:
1.39
LINK-USD:
0.41
TRX-USD:
1.45
LINK-USD:
2.46
TRX-USD:
4.19
LINK-USD:
30.53%
TRX-USD:
32.23%
LINK-USD:
81.18%
TRX-USD:
89.51%
LINK-USD:
-90.17%
TRX-USD:
-96.01%
LINK-USD:
-71.35%
TRX-USD:
-43.20%
Returns By Period
In the year-to-date period, LINK-USD achieves a -25.36% return, which is significantly lower than TRX-USD's -4.81% return.
LINK-USD
-25.36%
-3.73%
35.68%
3.09%
32.53%
N/A
TRX-USD
-4.81%
3.01%
46.71%
101.56%
75.51%
N/A
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Risk-Adjusted Performance
LINK-USD vs. TRX-USD — Risk-Adjusted Performance Rank
LINK-USD
TRX-USD
LINK-USD vs. TRX-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ChainLink (LINK-USD) and Tronix (TRX-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.
Drawdowns
LINK-USD vs. TRX-USD - Drawdown Comparison
The maximum LINK-USD drawdown since its inception was -90.17%, smaller than the maximum TRX-USD drawdown of -96.01%. Use the drawdown chart below to compare losses from any high point for LINK-USD and TRX-USD. For additional features, visit the drawdowns tool.
Volatility
LINK-USD vs. TRX-USD - Volatility Comparison
ChainLink (LINK-USD) has a higher volatility of 28.88% compared to Tronix (TRX-USD) at 9.37%. This indicates that LINK-USD's price experiences larger fluctuations and is considered to be riskier than TRX-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.