NKE vs. ETH-USD
NKE (NIKE, Inc.) is a stock, while ETH-USD (Ethereum) is a cryptocurrency. Over the past 10 years, NKE returned -0.48%/yr vs 55.37%/yr for ETH-USD. At a 0.10 correlation, their price movements are largely independent.
Performance
NKE vs. ETH-USD - Performance Comparison
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Returns By Period
In the year-to-date period, NKE achieves a -28.37% return, which is significantly higher than ETH-USD's -42.02% return. Over the past 10 years, NKE has underperformed ETH-USD with an annualized return of -0.48%, while ETH-USD has yielded a comparatively higher 55.37% annualized return.
NKE
- 1D
- -2.24%
- 1M
- 8.24%
- YTD
- -28.37%
- 6M
- -32.37%
- 1Y
- -23.74%
- 3Y*
- -23.49%
- 5Y*
- -18.04%
- 10Y*
- -0.48%
ETH-USD
- 1D
- 2.38%
- 1M
- -22.62%
- YTD
- -42.02%
- 6M
- -43.84%
- 1Y
- -32.06%
- 3Y*
- 1.09%
- 5Y*
- -7.52%
- 10Y*
- 55.37%
NKE vs. ETH-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NKE NIKE, Inc. | -28.37% | -13.83% | -29.11% | -6.01% | -29.04% | 18.70% | 40.97% | 38.09% | 19.87% | 24.70% |
ETH-USD Ethereum | -42.02% | -10.91% | 46.00% | 90.84% | -67.48% | 398.30% | 473.88% | -1.52% | -82.39% | 8,984.19% |
Correlation
The correlation between NKE and ETH-USD is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Aug 7, 2015 | 0.10 |
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Return for Risk
NKE vs. ETH-USD — Risk / Return Rank
NKE
ETH-USD
NKE vs. ETH-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NIKE, Inc. (NKE) 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.
| NKE | ETH-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.22 | ||
| Sortino ratioReturn per unit of downside risk | -0.50 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 0.97 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.58 | -0.47 | -0.10 |
| Martin ratioReturn relative to average drawdown | -1.09 | -0.81 | -0.27 |
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Drawdowns
NKE vs. ETH-USD - Drawdown Comparison
The maximum NKE drawdown since its inception was -75.19%, smaller than the maximum ETH-USD drawdown of -94.01%. Use the drawdown chart below to compare losses from any high point for NKE and ETH-USD.
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Drawdown Indicators
| NKE | ETH-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.19% | -94.01% | +18.82% |
Max Drawdown (1Y)Largest decline over 1 year | -46.18% | -67.53% | +21.35% |
Max Drawdown (3Y)Largest decline over 3 years | -64.21% | -67.53% | +3.32% |
Max Drawdown (5Y)Largest decline over 5 years | -74.64% | -79.35% | +4.71% |
Max Drawdown (10Y)Largest decline over 10 years | -74.64% | -94.01% | +19.37% |
Current DrawdownCurrent decline from peak | -72.55% | -64.39% | -8.16% |
Average DrawdownAverage peak-to-trough decline | -20.93% | -50.90% | +29.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.38% | 45.67% | -21.29% |
Volatility
NKE vs. ETH-USD - Volatility Comparison
The current volatility for NIKE, Inc. (NKE) is 10.43%, while Ethereum (ETH-USD) has a volatility of 17.43%. This indicates that NKE experiences smaller price fluctuations and is considered to be less risky 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
| NKE | ETH-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.43% | 17.43% | -7.00% |
Volatility (6M)Calculated over the trailing 6-month period | 29.43% | 46.35% | -16.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.48% | 56.08% | -17.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.91% | 59.55% | -23.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.29% | 77.88% | -45.59% |
Frequently Asked Questions
NKE and ETH-USD have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ETH-USD has higher volatility (17.43%) compared to NKE (10.43%). In terms of maximum drawdown, NKE dropped -75.19% vs ETH-USD's -94.01%.
ETH-USD currently has the higher Sharpe Ratio (-0.48 vs -0.69), 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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