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NEAR-USD vs. ETH-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between NEAR-USD and ETH-USD is 0.34, 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.


Performance

NEAR-USD vs. ETH-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NEAR Protocol (NEAR-USD) and Ethereum (ETH-USD). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

NEAR-USD:

-0.57

ETH-USD:

-0.12

Sortino Ratio

NEAR-USD:

0.24

ETH-USD:

0.77

Omega Ratio

NEAR-USD:

1.02

ETH-USD:

1.08

Calmar Ratio

NEAR-USD:

0.00

ETH-USD:

0.03

Martin Ratio

NEAR-USD:

-0.65

ETH-USD:

0.30

Ulcer Index

NEAR-USD:

45.47%

ETH-USD:

31.90%

Daily Std Dev

NEAR-USD:

82.79%

ETH-USD:

62.65%

Max Drawdown

NEAR-USD:

-95.12%

ETH-USD:

-93.96%

Current Drawdown

NEAR-USD:

-84.88%

ETH-USD:

-45.76%

Returns By Period

In the year-to-date period, NEAR-USD achieves a -37.70% return, which is significantly lower than ETH-USD's -21.68% return.


NEAR-USD

YTD

-37.70%

1M

49.89%

6M

-43.61%

1Y

-62.05%

5Y*

N/A

10Y*

N/A

ETH-USD

YTD

-21.68%

1M

64.30%

6M

-14.67%

1Y

-14.06%

5Y*

67.09%

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

NEAR-USD vs. ETH-USD — Risk-Adjusted Performance Rank

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

NEAR-USD
The Risk-Adjusted Performance Rank of NEAR-USD is 1212
Overall Rank
The Sharpe Ratio Rank of NEAR-USD is 1010
Sharpe Ratio Rank
The Sortino Ratio Rank of NEAR-USD is 1616
Sortino Ratio Rank
The Omega Ratio Rank of NEAR-USD is 1616
Omega Ratio Rank
The Calmar Ratio Rank of NEAR-USD is 77
Calmar Ratio Rank
The Martin Ratio Rank of NEAR-USD is 1111
Martin Ratio Rank

ETH-USD
The Risk-Adjusted Performance Rank of ETH-USD is 3838
Overall Rank
The Sharpe Ratio Rank of ETH-USD is 5353
Sharpe Ratio Rank
The Sortino Ratio Rank of ETH-USD is 3232
Sortino Ratio Rank
The Omega Ratio Rank of ETH-USD is 3232
Omega Ratio Rank
The Calmar Ratio Rank of ETH-USD is 3636
Calmar Ratio Rank
The Martin Ratio Rank of ETH-USD is 3636
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

NEAR-USD vs. ETH-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for NEAR Protocol (NEAR-USD) and Ethereum (ETH-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.


The current NEAR-USD Sharpe Ratio is -0.57, which is lower than the ETH-USD Sharpe Ratio of -0.12. The chart below compares the historical Sharpe Ratios of NEAR-USD and ETH-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Drawdowns

NEAR-USD vs. ETH-USD - Drawdown Comparison

The maximum NEAR-USD drawdown since its inception was -95.12%, roughly equal to the maximum ETH-USD drawdown of -93.96%. Use the drawdown chart below to compare losses from any high point for NEAR-USD and ETH-USD. For additional features, visit the drawdowns tool.


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Volatility

NEAR-USD vs. ETH-USD - Volatility Comparison

NEAR Protocol (NEAR-USD) has a higher volatility of 30.09% compared to Ethereum (ETH-USD) at 26.06%. This indicates that NEAR-USD's price experiences larger fluctuations and is considered to be riskier than ETH-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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