NEAR-USD vs. ETH-USD
NEAR-USD (NEAR Protocol) and ETH-USD (Ethereum) are both cryptocurrencies. Over the past 5 years, NEAR-USD returned 0.12%/yr vs -0.55%/yr for ETH-USD. A 0.66 correlation means they provide meaningful diversification when combined.
Performance
NEAR-USD vs. ETH-USD - Performance Comparison
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Returns By Period
In the year-to-date period, NEAR-USD achieves a 27.20% return, which is significantly higher than ETH-USD's -37.99% return.
NEAR-USD
- 1D
- -2.14%
- 1M
- -11.88%
- 6M
- 10.97%
- YTD
- 27.20%
- 1Y
- -31.84%
- 3Y*
- 9.40%
- 5Y*
- 0.12%
- 10Y*
- —
ETH-USD
- 1D
- -1.26%
- 1M
- 5.18%
- 6M
- -44.17%
- YTD
- -37.99%
- 1Y
- -47.13%
- 3Y*
- -1.03%
- 5Y*
- -0.55%
- 10Y*
- 65.76%
NEAR-USD vs. ETH-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
NEAR-USD NEAR Protocol | 27.20% | -69.13% | 34.16% | 191.37% | -91.43% | 947.53% | -17.72% |
ETH-USD Ethereum | -37.99% | -10.91% | 46.00% | 90.84% | -67.48% | 398.30% | 93.43% |
Correlation
The correlation between NEAR-USD and ETH-USD is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Oct 14, 2020 | 0.66 |
The correlation between NEAR-USD and ETH-USD has been stable across timeframes, ranging from 0.66 to 0.73 - a consistent structural relationship.
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Return for Risk
NEAR-USD vs. ETH-USD — Risk / Return Rank
NEAR-USD
ETH-USD
NEAR-USD vs. ETH-USD - Risk-Adjusted Trends 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.
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.
| NEAR-USD | ETH-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.40 | ||
| Sortino ratioReturn per unit of downside risk | +1.06 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 0.91 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.46 | -0.70 | +0.24 |
| Martin ratioReturn relative to average drawdown | -0.74 | -1.07 | +0.33 |
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Drawdowns
NEAR-USD vs. ETH-USD - Drawdown Comparison
The maximum NEAR-USD drawdown since its inception was -95.24%, roughly equal to the maximum ETH-USD drawdown of -94.01%. Use the drawdown chart below to compare losses from any high point for NEAR-USD and ETH-USD.
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Drawdown Indicators
| NEAR-USD | ETH-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.24% | -94.01% | -1.23% |
Max Drawdown (1Y)Largest decline over 1 year | -69.74% | -67.60% | -2.14% |
Max Drawdown (3Y)Largest decline over 3 years | -89.15% | -67.60% | -21.55% |
Max Drawdown (5Y)Largest decline over 5 years | -95.24% | -79.35% | -15.89% |
Max Drawdown (10Y)Largest decline over 10 years | — | -94.01% | — |
Current DrawdownCurrent decline from peak | -90.49% | -61.92% | -28.57% |
Average DrawdownAverage peak-to-trough decline | -70.57% | -51.01% | -19.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 48.80% | 36.94% | +11.86% |
Volatility
NEAR-USD vs. ETH-USD - Volatility Comparison
NEAR Protocol (NEAR-USD) has a higher volatility of 18.50% compared to Ethereum (ETH-USD) at 13.59%. 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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Volatility by Period
| NEAR-USD | ETH-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.50% | 13.59% | +4.91% |
Volatility (6M)Calculated over the trailing 6-month period | 71.27% | 46.66% | +24.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 83.41% | 55.03% | +28.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 95.18% | 58.72% | +36.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 102.45% | 76.80% | +25.65% |
Frequently Asked Questions
NEAR-USD and ETH-USD have a correlation of 0.73, 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 (18.50%) compared to ETH-USD (13.59%). In terms of maximum drawdown, NEAR-USD dropped -95.24% vs ETH-USD's -94.01%.
NEAR-USD currently has the higher Sharpe Ratio (-0.32 vs -0.71), 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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