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LTC-USD vs. DOGE-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between LTC-USD and DOGE-USD is 0.17, 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. DOGE-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Litecoin (LTC-USD) and Dogecoin (DOGE-USD). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

LTC-USD:

0.18

DOGE-USD:

0.34

Sortino Ratio

LTC-USD:

1.60

DOGE-USD:

2.53

Omega Ratio

LTC-USD:

1.17

DOGE-USD:

1.26

Calmar Ratio

LTC-USD:

0.40

DOGE-USD:

1.41

Martin Ratio

LTC-USD:

3.20

DOGE-USD:

4.84

Ulcer Index

LTC-USD:

23.44%

DOGE-USD:

41.13%

Daily Std Dev

LTC-USD:

66.16%

DOGE-USD:

82.27%

Max Drawdown

LTC-USD:

-97.41%

DOGE-USD:

-95.27%

Current Drawdown

LTC-USD:

-75.34%

DOGE-USD:

-67.76%

Returns By Period

In the year-to-date period, LTC-USD achieves a -7.53% return, which is significantly higher than DOGE-USD's -30.06% return. Over the past 10 years, LTC-USD has underperformed DOGE-USD with an annualized return of 50.14%, while DOGE-USD has yielded a comparatively higher 106.89% annualized return.


LTC-USD

YTD

-7.53%

1M

11.50%

6M

-0.37%

1Y

14.16%

3Y*

14.35%

5Y*

16.37%

10Y*

50.14%

DOGE-USD

YTD

-30.06%

1M

26.42%

6M

-45.08%

1Y

34.87%

3Y*

38.73%

5Y*

144.39%

10Y*

106.89%

*Annualized

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Litecoin

Dogecoin

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

LTC-USD vs. DOGE-USD — Risk-Adjusted Performance Rank

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

LTC-USD
The Risk-Adjusted Performance Rank of LTC-USD is 7474
Overall Rank
The Sharpe Ratio Rank of LTC-USD is 7777
Sharpe Ratio Rank
The Sortino Ratio Rank of LTC-USD is 6969
Sortino Ratio Rank
The Omega Ratio Rank of LTC-USD is 7171
Omega Ratio Rank
The Calmar Ratio Rank of LTC-USD is 7272
Calmar Ratio Rank
The Martin Ratio Rank of LTC-USD is 7979
Martin Ratio Rank

DOGE-USD
The Risk-Adjusted Performance Rank of DOGE-USD is 8484
Overall Rank
The Sharpe Ratio Rank of DOGE-USD is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of DOGE-USD is 8383
Sortino Ratio Rank
The Omega Ratio Rank of DOGE-USD is 8484
Omega Ratio Rank
The Calmar Ratio Rank of DOGE-USD is 8585
Calmar Ratio Rank
The Martin Ratio Rank of DOGE-USD is 8686
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.

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.


The current LTC-USD Sharpe Ratio is 0.18, which is lower than the DOGE-USD Sharpe Ratio of 0.34. The chart below compares the historical Sharpe Ratios of LTC-USD and DOGE-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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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

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.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

LTC-USD vs. DOGE-USD - Volatility Comparison

The current volatility for Litecoin (LTC-USD) is 20.39%, while Dogecoin (DOGE-USD) has a volatility of 31.30%. 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.


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