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 0.64%/yr vs 67.00%/yr for ETH-USD. At a 0.12 correlation, their price movements are largely independent.
Performance
PLNUSD=X vs. ETH-USD - Performance Comparison
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Returns By Period
In the year-to-date period, PLNUSD=X achieves a -4.74% return, which is significantly higher than ETH-USD's -37.17% return. Over the past 10 years, PLNUSD=X has underperformed ETH-USD with an annualized return of 0.64%, while ETH-USD has yielded a comparatively higher 67.00% annualized return.
PLNUSD=X
- 1D
- 0.45%
- 1M
- -2.67%
- 6M
- -4.01%
- YTD
- -4.74%
- 1Y
- -2.54%
- 3Y*
- 1.72%
- 5Y*
- 0.60%
- 10Y*
- 0.64%
ETH-USD
- 1D
- -2.76%
- 1M
- 4.06%
- 6M
- -43.82%
- YTD
- -37.17%
- 1Y
- -44.74%
- 3Y*
- -0.83%
- 5Y*
- -0.38%
- 10Y*
- 67.00%
PLNUSD=X vs. ETH-USD - Yearly Performance Comparison
Correlation
The correlation between PLNUSD=X and ETH-USD is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Aug 7, 2015 | 0.12 |
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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.
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.
| PLNUSD=X | ETH-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.40 | ||
| Sortino ratioReturn per unit of downside risk | +0.47 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 0.92 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.25 | -0.66 | +0.41 |
| Martin ratioReturn relative to average drawdown | -0.59 | -1.02 | +0.44 |
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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.
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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 | -8.24% | -67.60% | +59.36% |
Max Drawdown (3Y)Largest decline over 3 years | -10.57% | -67.60% | +57.03% |
Max Drawdown (5Y)Largest decline over 5 years | -24.17% | -79.35% | +55.18% |
Max Drawdown (10Y)Largest decline over 10 years | -33.60% | -94.01% | +60.41% |
Current DrawdownCurrent decline from peak | -46.39% | -61.42% | +15.03% |
Average DrawdownAverage peak-to-trough decline | -40.93% | -51.00% | +10.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.74% | 36.81% | -33.07% |
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 13.74%. 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.
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Volatility by Period
| PLNUSD=X | ETH-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.59% | 13.74% | -12.15% |
Volatility (6M)Calculated over the trailing 6-month period | 5.90% | 46.65% | -40.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.58% | 55.38% | -47.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.45% | 58.72% | -48.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.91% | 76.80% | -66.89% |
Frequently Asked Questions
PLNUSD=X and ETH-USD have a correlation of 0.20, 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 (13.74%) 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 (-0.27 vs -0.68), 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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