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MANA-USD vs. LINK-USD
Performance
Return for Risk
Drawdowns
Volatility

Performance

MANA-USD vs. LINK-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Decentraland (MANA-USD) and Chainlink (LINK-USD). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, MANA-USD achieves a -42.46% return, which is significantly lower than LINK-USD's -33.72% return.


MANA-USD

1D
-1.13%
1M
4.33%
6M
-50.04%
YTD
-42.46%
1Y
-77.17%
3Y*
-45.98%
5Y*
-36.00%
10Y*

LINK-USD

1D
2.03%
1M
2.68%
6M
-38.80%
YTD
-33.72%
1Y
-46.57%
3Y*
4.25%
5Y*
-13.71%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

MANA-USD vs. LINK-USD - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
MANA-USD
Decentraland
-42.46%-73.97%-10.59%75.55%-90.91%4,072.47%159.63%-33.65%-55.47%1.99%
LINK-USD
Chainlink
-33.72%-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 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.81

Correlation (3Y)
Calculated over the trailing 3-year period

0.75

Correlation (5Y)
Calculated over the trailing 5-year 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 (0.81) than their long-term average of 0.58, meaning their price movements have been converging.

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Return for Risk

MANA-USD vs. LINK-USD — Risk / Return Rank

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

MANA-USD
MANA-USD Risk / Return Rank: 1919
Overall Rank
MANA-USD Sharpe Ratio Rank: 1616
Sharpe Ratio Rank
MANA-USD Sortino Ratio Rank: 1717
Sortino Ratio Rank
MANA-USD Omega Ratio Rank: 2020
Omega Ratio Rank
MANA-USD Calmar Ratio Rank: 1818
Calmar Ratio Rank
MANA-USD Martin Ratio Rank: 2626
Martin Ratio Rank

LINK-USD
LINK-USD Risk / Return Rank: 6868
Overall Rank
LINK-USD Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
LINK-USD Sortino Ratio Rank: 6666
Sortino Ratio Rank
LINK-USD Omega Ratio Rank: 6666
Omega Ratio Rank
LINK-USD Calmar Ratio Rank: 7272
Calmar Ratio Rank
LINK-USD Martin Ratio Rank: 7575
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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-USDLINK-USDDifference
Sharpe ratioReturn per unit of total volatility

-0.33

Sortino ratioReturn per unit of downside risk

-1.26

Omega ratioGain probability vs. loss probability

0.82

0.94

-0.12

Calmar ratioReturn relative to maximum drawdown

-0.93

-0.64

-0.29

Martin ratioReturn relative to average drawdown

-1.29

-0.89

-0.40

MANA-USD vs. LINK-USD - Sharpe Ratio Comparison

The current MANA-USD Sharpe Ratio is -0.94, which is lower than the LINK-USD Sharpe Ratio of -0.61. The chart below compares the historical Sharpe Ratios of MANA-USD and LINK-USD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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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.


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Drawdown Indicators


MANA-USDLINK-USDDifference

Max Drawdown

Largest 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 Drawdown

Current decline from peak

-98.65%

-84.57%

-14.08%

Average Drawdown

Average peak-to-trough decline

-78.86%

-60.64%

-18.22%

Ulcer Index

Depth and duration of drawdowns from previous peaks

55.58%

39.06%

+16.52%

Volatility

MANA-USD vs. LINK-USD - Volatility Comparison

Decentraland (MANA-USD) has a higher volatility of 24.42% compared to Chainlink (LINK-USD) at 11.55%. 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.


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Volatility by Period


MANA-USDLINK-USDDifference

Volatility (1M)

Calculated over the trailing 1-month period

24.42%

11.55%

+12.87%

Volatility (6M)

Calculated over the trailing 6-month period

55.60%

44.88%

+10.72%

Volatility (1Y)

Calculated over the trailing 1-year period

68.30%

63.69%

+4.61%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

102.81%

74.38%

+28.43%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

171.76%

100.51%

+71.25%

Frequently Asked Questions


MANA-USD and LINK-USD have a correlation of 0.81, 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 (24.42%) compared to LINK-USD (11.55%). In terms of maximum drawdown, MANA-USD dropped -98.80% vs LINK-USD's -90.19%.

LINK-USD currently has the higher Sharpe Ratio (-0.61 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.

Portfolio Optimizer

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