NEAR-USD vs. XRP-USD
Compare and contrast key facts about NEAR Protocol (NEAR-USD) and Ripple (XRP-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NEAR-USD or XRP-USD.
Correlation
The correlation between NEAR-USD and XRP-USD is 0.28, 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. XRP-USD - Performance Comparison
Key characteristics
NEAR-USD:
-0.54
XRP-USD:
5.71
NEAR-USD:
-0.39
XRP-USD:
4.40
NEAR-USD:
0.96
XRP-USD:
1.49
NEAR-USD:
0.00
XRP-USD:
5.48
NEAR-USD:
-1.28
XRP-USD:
30.98
NEAR-USD:
41.67%
XRP-USD:
19.91%
NEAR-USD:
81.63%
XRP-USD:
80.85%
NEAR-USD:
-95.13%
XRP-USD:
-95.87%
NEAR-USD:
-87.81%
XRP-USD:
-34.36%
Returns By Period
In the year-to-date period, NEAR-USD achieves a -49.62% return, which is significantly lower than XRP-USD's 6.60% return.
NEAR-USD
-49.62%
-18.41%
-47.61%
-64.09%
N/A
N/A
XRP-USD
6.60%
-9.55%
316.98%
320.43%
62.65%
N/A
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Risk-Adjusted Performance
NEAR-USD vs. XRP-USD — Risk-Adjusted Performance Rank
NEAR-USD
XRP-USD
NEAR-USD vs. XRP-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NEAR Protocol (NEAR-USD) and Ripple (XRP-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.
Drawdowns
NEAR-USD vs. XRP-USD - Drawdown Comparison
The maximum NEAR-USD drawdown since its inception was -95.13%, roughly equal to the maximum XRP-USD drawdown of -95.87%. Use the drawdown chart below to compare losses from any high point for NEAR-USD and XRP-USD. For additional features, visit the drawdowns tool.
Volatility
NEAR-USD vs. XRP-USD - Volatility Comparison
NEAR Protocol (NEAR-USD) has a higher volatility of 29.98% compared to Ripple (XRP-USD) at 24.12%. This indicates that NEAR-USD's price experiences larger fluctuations and is considered to be riskier than XRP-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.