LTC-USD vs. COIN
Compare and contrast key facts about Litecoin (LTC-USD) and Coinbase Global, Inc. (COIN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LTC-USD or COIN.
Key characteristics
| LTC-USD | COIN | |
|---|---|---|
| YTD Return | 8.15% | 16.75% |
| 1Y Return | -9.57% | 234.13% |
| 3Y Return (Ann) | -36.05% | -7.74% |
| Sharpe Ratio | 0.58 | 3.26 |
| Daily Std Dev | 58.15% | 77.84% |
| Max Drawdown | -97.41% | -90.90% |
| Current Drawdown | -79.62% | -43.19% |
Correlation
The correlation between LTC-USD and COIN is 0.39, 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
LTC-USD vs. COIN - Performance Comparison
In the year-to-date period, LTC-USD achieves a 8.15% return, which is significantly lower than COIN's 16.75% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
LTC-USD vs. COIN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Litecoin (LTC-USD) and Coinbase Global, Inc. (COIN). 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
LTC-USD vs. COIN - Drawdown Comparison
The maximum LTC-USD drawdown since its inception was -97.41%, which is greater than COIN's maximum drawdown of -90.90%. Use the drawdown chart below to compare losses from any high point for LTC-USD and COIN. For additional features, visit the drawdowns tool.
Volatility
LTC-USD vs. COIN - Volatility Comparison
The current volatility for Litecoin (LTC-USD) is 12.40%, while Coinbase Global, Inc. (COIN) has a volatility of 22.48%. This indicates that LTC-USD experiences smaller price fluctuations and is considered to be less risky than COIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.