MKR-USD vs. NEAR-USD
MKR-USD (Maker) and NEAR-USD (NEAR Protocol) are both cryptocurrencies. Over the past 5 years, MKR-USD returned -11.16%/yr vs -0.52%/yr for NEAR-USD. At a 0.48 correlation, their price movements are largely independent.
Performance
MKR-USD vs. NEAR-USD - Performance Comparison
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Returns By Period
In the year-to-date period, MKR-USD achieves a 3.42% return, which is significantly lower than NEAR-USD's 28.59% return.
MKR-USD
- 1D
- -0.00%
- 1M
- -2.24%
- 6M
- -0.82%
- YTD
- 3.42%
- 1Y
- -25.78%
- 3Y*
- 17.10%
- 5Y*
- -11.16%
- 10Y*
- —
NEAR-USD
- 1D
- 2.97%
- 1M
- -8.65%
- 6M
- 16.21%
- YTD
- 28.59%
- 1Y
- -23.29%
- 3Y*
- 9.03%
- 5Y*
- -0.52%
- 10Y*
- —
MKR-USD vs. NEAR-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MKR-USD Maker | 3.42% | -9.60% | -12.34% | 233.05% | -78.16% | 298.17% | 2.06% |
NEAR-USD NEAR Protocol | 28.59% | -69.13% | 34.16% | 191.37% | -91.43% | 947.53% | -17.72% |
Correlation
The correlation between MKR-USD and NEAR-USD is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Oct 14, 2020 | 0.48 |
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Return for Risk
MKR-USD vs. NEAR-USD — Risk / Return Rank
MKR-USD
NEAR-USD
MKR-USD vs. NEAR-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Maker (MKR-USD) and NEAR Protocol (NEAR-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.
| MKR-USD | NEAR-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.41 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.03 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.47 | -0.33 | -0.13 |
| Martin ratioReturn relative to average drawdown | -0.81 | -0.54 | -0.27 |
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Drawdowns
MKR-USD vs. NEAR-USD - Drawdown Comparison
The maximum MKR-USD drawdown since its inception was -91.59%, roughly equal to the maximum NEAR-USD drawdown of -95.24%. Use the drawdown chart below to compare losses from any high point for MKR-USD and NEAR-USD.
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Drawdown Indicators
| MKR-USD | NEAR-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.59% | -95.24% | +3.65% |
Max Drawdown (1Y)Largest decline over 1 year | -57.25% | -69.74% | +12.49% |
Max Drawdown (3Y)Largest decline over 3 years | -77.22% | -89.15% | +11.93% |
Max Drawdown (5Y)Largest decline over 5 years | -87.00% | -95.24% | +8.24% |
Current DrawdownCurrent decline from peak | -76.79% | -90.38% | +13.59% |
Average DrawdownAverage peak-to-trough decline | -66.30% | -70.53% | +4.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.43% | 48.59% | -35.16% |
Volatility
MKR-USD vs. NEAR-USD - Volatility Comparison
Maker (MKR-USD) has a higher volatility of 23.48% compared to NEAR Protocol (NEAR-USD) at 20.28%. This indicates that MKR-USD's price experiences larger fluctuations and is considered to be riskier than NEAR-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MKR-USD | NEAR-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.48% | 20.28% | +3.20% |
Volatility (6M)Calculated over the trailing 6-month period | 50.32% | 71.87% | -21.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.26% | 83.29% | -21.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 72.86% | 95.18% | -22.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 320.65% | 102.52% | +218.13% |
Frequently Asked Questions
MKR-USD and NEAR-USD have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MKR-USD has higher volatility (23.48%) compared to NEAR-USD (20.28%). In terms of maximum drawdown, MKR-USD dropped -91.59% vs NEAR-USD's -95.24%.
NEAR-USD currently has the higher Sharpe Ratio (-0.23 vs -0.36), 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.
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