MATIC-USD vs. DOGE-USD

Last updated Jun 9, 2026

MATIC-USD (Polygon USD) and DOGE-USD (Dogecoin) are both cryptocurrencies. At a 0.48 correlation, their price movements are largely independent.

Performance

MATIC-USD vs. DOGE-USD - Performance Comparison

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

Returns By Period

MATIC-USD

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DOGE-USD

• 1D: -1.61%
• 1M: -21.95%
• YTD: -27.62%
• 6M: -40.49%
• 1Y: -53.93%
• 3Y*: 6.88%
• 5Y*: -24.40%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MATIC-USD vs. DOGE-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
MATIC-USD Polygon USD	0.00%	-29.46%	-53.57%	28.05%	-69.98%	14,215.20%	27.71%	205.40%
DOGE-USD Dogecoin	-27.62%	-62.82%	252.28%	27.54%	-58.78%	3,537.33%	130.87%	-19.40%

Correlation

The correlation between MATIC-USD and DOGE-USD is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.45
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (All Time) Calculated using the full available price history since Apr 28, 2019	0.48

The correlation between MATIC-USD and DOGE-USD has been stable across timeframes, ranging from 0.45 to 0.55 - a consistent structural relationship.

Return for Risk

MATIC-USD vs. DOGE-USD — Risk / Return Rank

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

DOGE-USD

DOGE-USD Risk / Return Rank: 53
DOGE-USD Sharpe Ratio Rank: 49
DOGE-USD Sortino Ratio Rank: 54
DOGE-USD Omega Ratio Rank: 54
DOGE-USD Calmar Ratio Rank: 51
DOGE-USD Martin Ratio Rank: 57

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.

MATIC-USD vs. DOGE-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Polygon USD (MATIC-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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	MATIC-USD	DOGE-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.68	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.26	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.12	—

Drawdowns

Drawdown Indicators

	MATIC-USD	DOGE-USD	Difference
Max Drawdown Largest peak-to-trough decline	—	-92.29%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-71.87%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-82.55%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-84.48%	—
Current Drawdown Current decline from peak	—	-87.61%	—
Average Drawdown Average peak-to-trough decline	—	-75.13%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	53.87%	—

Volatility

Volatility by Period

	MATIC-USD	DOGE-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	15.80%	—
Volatility (6M) Calculated over the trailing 6-month period	—	49.02%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	65.90%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	78.98%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	761.02%	—

Frequently Asked Questions

Can I hold both MATIC-USD and DOGE-USD in my portfolio?

MATIC-USD and DOGE-USD have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.