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MATIC-USD vs. VOO
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between MATIC-USD and VOO is 0.21, 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.


-0.50.00.51.00.2

Performance

MATIC-USD vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MaticNetwork (MATIC-USD) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

-40.00%-20.00%0.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
-10.83%
9.64%
MATIC-USD
VOO

Key characteristics

Sharpe Ratio

MATIC-USD:

-0.48

VOO:

2.25

Sortino Ratio

MATIC-USD:

-0.30

VOO:

2.98

Omega Ratio

MATIC-USD:

0.97

VOO:

1.42

Calmar Ratio

MATIC-USD:

0.01

VOO:

3.31

Martin Ratio

MATIC-USD:

-1.11

VOO:

14.77

Ulcer Index

MATIC-USD:

35.43%

VOO:

1.90%

Daily Std Dev

MATIC-USD:

70.86%

VOO:

12.46%

Max Drawdown

MATIC-USD:

-89.89%

VOO:

-33.99%

Current Drawdown

MATIC-USD:

-82.66%

VOO:

-2.47%

Returns By Period

In the year-to-date period, MATIC-USD achieves a -48.45% return, which is significantly lower than VOO's 26.02% return.


MATIC-USD

YTD

-48.45%

1M

-11.94%

6M

-10.83%

1Y

-41.21%

5Y*

99.89%

10Y*

N/A

VOO

YTD

26.02%

1M

-0.11%

6M

9.35%

1Y

26.45%

5Y*

14.79%

10Y*

13.08%

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Risk-Adjusted Performance

MATIC-USD vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MaticNetwork (MATIC-USD) and Vanguard S&P 500 ETF (VOO). 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.


Sharpe ratio
The chart of Sharpe ratio for MATIC-USD, currently valued at -0.48, compared to the broader market0.002.004.006.00-0.482.13
The chart of Sortino ratio for MATIC-USD, currently valued at -0.30, compared to the broader market-1.000.001.002.003.004.005.00-0.302.77
The chart of Omega ratio for MATIC-USD, currently valued at 0.97, compared to the broader market1.001.201.400.971.40
The chart of Calmar ratio for MATIC-USD, currently valued at 0.01, compared to the broader market1.002.003.004.005.006.000.011.02
The chart of Martin ratio for MATIC-USD, currently valued at -1.11, compared to the broader market0.0010.0020.0030.0040.0050.0060.00-1.1114.49
MATIC-USD
VOO

The current MATIC-USD Sharpe Ratio is -0.48, which is lower than the VOO Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of MATIC-USD and VOO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
-0.48
2.13
MATIC-USD
VOO

Drawdowns

MATIC-USD vs. VOO - Drawdown Comparison

The maximum MATIC-USD drawdown since its inception was -89.89%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for MATIC-USD and VOO. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-82.66%
-2.47%
MATIC-USD
VOO

Volatility

MATIC-USD vs. VOO - Volatility Comparison

MaticNetwork (MATIC-USD) has a higher volatility of 31.97% compared to Vanguard S&P 500 ETF (VOO) at 3.67%. This indicates that MATIC-USD's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
31.97%
3.67%
MATIC-USD
VOO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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