MKR-USD vs. NEAR-USD
MKR-USD (Maker) and NEAR-USD (NEAR Protocol) are both cryptocurrencies. Over the past 5 years, MKR-USD returned -8.28%/yr vs -1.86%/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 11.68% return, which is significantly lower than NEAR-USD's 36.20% return.
MKR-USD
- 1D
- -4.85%
- 1M
- -11.08%
- YTD
- 11.68%
- 6M
- -3.94%
- 1Y
- -14.20%
- 3Y*
- 27.35%
- 5Y*
- -8.28%
- 10Y*
- —
NEAR-USD
- 1D
- -1.95%
- 1M
- -16.03%
- YTD
- 36.20%
- 6M
- 36.74%
- 1Y
- 8.37%
- 3Y*
- 14.22%
- 5Y*
- -1.86%
- 10Y*
- —
MKR-USD vs. NEAR-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MKR-USD Maker | 11.68% | -9.60% | -12.34% | 233.05% | -78.16% | 298.17% | 2.06% |
NEAR-USD NEAR Protocol | 36.20% | -69.13% | 34.16% | 191.37% | -91.43% | 947.53% | -17.72% |
Correlation
The correlation between MKR-USD and NEAR-USD is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
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 | -0.28 | ||
| Sortino ratioReturn per unit of downside risk | -0.67 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.09 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.26 | 0.12 | -0.38 |
| Martin ratioReturn relative to average drawdown | -0.47 | 0.20 | -0.67 |
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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 | -74.94% | -89.81% | +14.87% |
Average DrawdownAverage peak-to-trough decline | -66.22% | -70.33% | +4.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.05% | 47.49% | -31.44% |
Volatility
MKR-USD vs. NEAR-USD - Volatility Comparison
The current volatility for Maker (MKR-USD) is 25.24%, while NEAR Protocol (NEAR-USD) has a volatility of 42.28%. This indicates that MKR-USD experiences smaller price fluctuations and is considered to be less risky 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 | 25.24% | 42.28% | -17.04% |
Volatility (6M)Calculated over the trailing 6-month period | 49.10% | 71.44% | -22.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.78% | 84.25% | -21.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 73.07% | 95.36% | -22.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 321.67% | 102.89% | +218.78% |
Frequently Asked Questions
MKR-USD and NEAR-USD have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NEAR-USD has higher volatility (42.28%) compared to MKR-USD (25.24%). In terms of maximum drawdown, MKR-USD dropped -91.59% vs NEAR-USD's -95.24%.
NEAR-USD currently has the higher Sharpe Ratio (0.08 vs -0.20), 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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