MANA-USD vs. LINK-USD
MANA-USD (Decentraland) and LINK-USD (Chainlink) are both cryptocurrencies. Over the past 5 years, MANA-USD returned -37.44%/yr vs -19.24%/yr for LINK-USD. Their 0.58 correlation means they have sometimes moved together and sometimes differently.
Performance
MANA-USD vs. LINK-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MANA-USD achieves a -45.42% return, which is significantly lower than LINK-USD's -33.78% return.
MANA-USD
- 1D
- 0.61%
- 1M
- 3.60%
- 6M
- -42.18%
- YTD
- -45.42%
- 1Y
- -75.94%
- 3Y*
- -43.80%
- 5Y*
- -37.44%
- 10Y*
- —
- ALL TIME*
- 2.28%
LINK-USD
- 1D
- -1.18%
- 1M
- 4.22%
- 6M
- -19.17%
- YTD
- -33.78%
- 1Y
- -49.79%
- 3Y*
- 3.17%
- 5Y*
- -19.24%
- 10Y*
- —
- ALL TIME*
- 56.01%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
LINK-USD Chainlink | $1.81B | $1.83B | $3.17B |
MANA-USD Decentraland | $670.83K | $1.00M | $1.26M |
MANA-USD vs. LINK-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MANA-USD Decentraland | -45.42% | -73.97% | -10.59% | 75.55% | -90.91% | 4,072.47% | 159.63% | -33.65% | -55.47% | 1.99% |
LINK-USD Chainlink | -33.78% | -39.00% | 33.73% | 168.18% | -71.46% | 73.35% | 539.54% | 506.40% | -52.70% | 292.06% |
Correlation
The correlation between MANA-USD and LINK-USD is 0.79, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.79 |
Correlation (3Y) Balances recent behavior with more history. | 0.75 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.73 |
Correlation (All Time) Calculated using the full available price history since Sep 19, 2017 | 0.58 |
Over the past year, MANA-USD and LINK-USD have become more correlated (0.79) than their long-term average of 0.58, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MANA-USD vs. LINK-USD — Risk / Return Rank
MANA-USD
LINK-USD
MANA-USD vs. LINK-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Decentraland (MANA-USD) and Chainlink (LINK-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.
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.
| MANA-USD | LINK-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.28 | ||
| Sortino ratioReturn per unit of downside risk | -1.09 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 0.93 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.91 | -0.68 | -0.23 |
| Martin ratioReturn relative to average drawdown | -1.22 | -0.91 | -0.31 |
Loading charts...
Drawdowns
MANA-USD vs. LINK-USD - Drawdown Comparison
The maximum MANA-USD drawdown since its inception was -98.80%, which is greater than LINK-USD's maximum drawdown of -90.19%. Use the drawdown chart below to compare losses from any high point for MANA-USD and LINK-USD.
Loading charts...
Drawdown Indicators
| MANA-USD | LINK-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.80% | -90.19% | -8.61% |
Max Drawdown (1Y)Largest decline over 1 year | -83.13% | -73.15% | -9.98% |
Max Drawdown (3Y)Largest decline over 3 years | -92.05% | -75.42% | -16.63% |
Max Drawdown (5Y)Largest decline over 5 years | -98.80% | -85.26% | -13.54% |
Current DrawdownCurrent decline from peak | -98.72% | -84.59% | -14.13% |
Average DrawdownAverage peak-to-trough decline | -78.98% | -60.79% | -18.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 44.58% | 34.96% | +9.62% |
Volatility
MANA-USD vs. LINK-USD - Volatility Comparison
Decentraland (MANA-USD) has a higher volatility of 18.39% compared to Chainlink (LINK-USD) at 12.98%. This indicates that MANA-USD's price experiences larger fluctuations and is considered to be riskier than LINK-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MANA-USD | LINK-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.39% | 12.98% | +5.41% |
Volatility (6M)Calculated over the trailing 6-month period | 48.23% | 43.21% | +5.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.33% | 62.90% | +4.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 102.33% | 73.88% | +28.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 171.27% | 100.25% | +71.02% |
Frequently Asked Questions
MANA-USD and LINK-USD have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MANA-USD has higher volatility (18.39%) compared to LINK-USD (12.98%). In terms of maximum drawdown, MANA-USD dropped -98.80% vs LINK-USD's -90.19%.
LINK-USD currently has the higher Sharpe Ratio (-0.66 vs -0.94), 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.
Find the right allocation for MANA-USD and LINK-USD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer