PLNUSD=X vs. ETH-USD
PLNUSD=X (PLN/USD) is a currency, while ETH-USD (Ethereum) is a cryptocurrency. Over the past 10 years, PLNUSD=X returned 0.41%/yr vs 59.97%/yr for ETH-USD. At a 0.12 correlation, their price movements are largely independent.
Performance
PLNUSD=X vs. ETH-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PLNUSD=X achieves a -2.50% return, which is significantly higher than ETH-USD's -46.29% return. Over the past 10 years, PLNUSD=X has underperformed ETH-USD with an annualized return of 0.41%, while ETH-USD has yielded a comparatively higher 59.97% annualized return.
PLNUSD=X
- 1D
- -0.93%
- 1M
- -2.18%
- YTD
- -2.50%
- 6M
- -1.39%
- 1Y
- 1.57%
- 3Y*
- 4.40%
- 5Y*
- -0.09%
- 10Y*
- 0.41%
ETH-USD
- 1D
- -9.90%
- 1M
- -32.21%
- YTD
- -46.29%
- 6M
- -47.28%
- 1Y
- -34.03%
- 3Y*
- -5.45%
- 5Y*
- -10.08%
- 10Y*
- 59.97%
PLNUSD=X vs. ETH-USD - Yearly Performance Comparison
Correlation
The correlation between PLNUSD=X and ETH-USD is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Aug 8, 2015 | 0.12 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PLNUSD=X vs. ETH-USD — Risk / Return Rank
PLNUSD=X
ETH-USD
PLNUSD=X vs. ETH-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PLN/USD (PLNUSD=X) 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.
| PLNUSD=X | ETH-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.67 | ||
| Sortino ratioReturn per unit of downside risk | +0.68 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 0.96 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.18 | -0.51 | +0.69 |
| Martin ratioReturn relative to average drawdown | 0.46 | -0.89 | +1.35 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| PLNUSD=X | ETH-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.17 | -0.50 | +0.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.01 | -0.14 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.04 | 0.64 | -0.60 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.11 | 0.74 | -0.85 |
Drawdowns
PLNUSD=X vs. ETH-USD - Drawdown Comparison
The maximum PLNUSD=X drawdown since its inception was -59.63%, smaller than the maximum ETH-USD drawdown of -94.01%. Use the drawdown chart below to compare losses from any high point for PLNUSD=X and ETH-USD.
Loading charts...
Drawdown Indicators
| PLNUSD=X | ETH-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.63% | -94.01% | +34.38% |
Max Drawdown (1Y)Largest decline over 1 year | -6.95% | -67.02% | +60.07% |
Max Drawdown (3Y)Largest decline over 3 years | -10.57% | -67.02% | +56.45% |
Max Drawdown (5Y)Largest decline over 5 years | -26.80% | -79.35% | +52.55% |
Max Drawdown (10Y)Largest decline over 10 years | -33.60% | -94.01% | +60.41% |
Current DrawdownCurrent decline from peak | -45.12% | -67.02% | +21.90% |
Average DrawdownAverage peak-to-trough decline | -40.65% | -50.88% | +10.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.97% | 44.01% | -41.04% |
Volatility
PLNUSD=X vs. ETH-USD - Volatility Comparison
The current volatility for PLN/USD (PLNUSD=X) is 1.59%, while Ethereum (ETH-USD) has a volatility of 14.30%. This indicates that PLNUSD=X 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.
Loading charts...
Volatility by Period
| PLNUSD=X | ETH-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.59% | 14.30% | -12.71% |
Volatility (6M)Calculated over the trailing 6-month period | 6.26% | 46.06% | -39.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.59% | 56.49% | -48.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.52% | 59.61% | -49.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.10% | 78.01% | -67.91% |
Frequently Asked Questions
PLNUSD=X and ETH-USD have a correlation of 0.16, 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 (14.30%) compared to PLNUSD=X (1.59%). In terms of maximum drawdown, PLNUSD=X dropped -59.63% vs ETH-USD's -94.01%.
PLNUSD=X currently has the higher Sharpe Ratio (0.17 vs -0.50), 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.
Find the right allocation for PLNUSD=X and ETH-USD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer