LTC-USD vs. DOGE-USD
Compare and contrast key facts about Litecoin (LTC-USD) and Dogecoin (DOGE-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LTC-USD or DOGE-USD.
Key characteristics
| LTC-USD | DOGE-USD | |
|---|---|---|
| YTD Return | 13.27% | 67.24% |
| 1Y Return | -12.18% | 99.75% |
| 3Y Return (Ann) | -33.68% | -32.54% |
| 5Y Return (Ann) | -1.04% | 119.82% |
| 10Y Return (Ann) | 23.12% | 78.97% |
| Sharpe Ratio | 0.70 | 2.67 |
| Daily Std Dev | 58.12% | 68.67% |
| Max Drawdown | -97.41% | -95.27% |
| Current Drawdown | -78.65% | -78.43% |
Correlation
The correlation between LTC-USD and DOGE-USD is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
LTC-USD vs. DOGE-USD - Performance Comparison
In the year-to-date period, LTC-USD achieves a 13.27% return, which is significantly lower than DOGE-USD's 67.24% return. Over the past 10 years, LTC-USD has underperformed DOGE-USD with an annualized return of 23.12%, while DOGE-USD has yielded a comparatively higher 78.97% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
LTC-USD vs. DOGE-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Litecoin (LTC-USD) and Dogecoin (DOGE-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
LTC-USD vs. DOGE-USD - Drawdown Comparison
The maximum LTC-USD drawdown since its inception was -97.41%, roughly equal to the maximum DOGE-USD drawdown of -95.27%. Use the drawdown chart below to compare losses from any high point for LTC-USD and DOGE-USD. For additional features, visit the drawdowns tool.
Volatility
LTC-USD vs. DOGE-USD - Volatility Comparison
The current volatility for Litecoin (LTC-USD) is 12.85%, while Dogecoin (DOGE-USD) has a volatility of 24.27%. This indicates that LTC-USD experiences smaller price fluctuations and is considered to be less risky than DOGE-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.