PLNUSD=X vs. XRP-USD
PLNUSD=X (PLN/USD) is a currency, while XRP-USD (XRP) is a cryptocurrency. Over the past 5 years, PLNUSD=X returned 0.09%/yr vs 11.06%/yr for XRP-USD. At a 0.12 correlation, their price movements are largely independent.
Performance
PLNUSD=X vs. XRP-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PLNUSD=X achieves a -4.67% return, which is significantly higher than XRP-USD's -43.46% return.
PLNUSD=X
- 1D
- 0.22%
- 1M
- -3.34%
- YTD
- -4.67%
- 6M
- -5.04%
- 1Y
- -3.18%
- 3Y*
- 2.64%
- 5Y*
- 0.09%
- 10Y*
- 0.74%
XRP-USD
- 1D
- -3.01%
- 1M
- -21.66%
- YTD
- -43.46%
- 6M
- -43.24%
- 1Y
- -52.46%
- 3Y*
- 29.45%
- 5Y*
- 11.06%
- 10Y*
- —
PLNUSD=X vs. XRP-USD - Yearly Performance Comparison
Correlation
The correlation between PLNUSD=X and XRP-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 | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2017 | 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. XRP-USD — Risk / Return Rank
PLNUSD=X
XRP-USD
PLNUSD=X vs. XRP-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PLN/USD (PLNUSD=X) and XRP (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.
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 | XRP-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.44 | ||
| Sortino ratioReturn per unit of downside risk | +0.69 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 0.89 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.34 | -0.74 | +0.40 |
| Martin ratioReturn relative to average drawdown | -0.84 | -1.15 | +0.31 |
Loading charts...
Drawdowns
PLNUSD=X vs. XRP-USD - Drawdown Comparison
The maximum PLNUSD=X drawdown since its inception was -59.63%, smaller than the maximum XRP-USD drawdown of -95.87%. Use the drawdown chart below to compare losses from any high point for PLNUSD=X and XRP-USD.
Loading charts...
Drawdown Indicators
| PLNUSD=X | XRP-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.63% | -95.87% | +36.24% |
Max Drawdown (1Y)Largest decline over 1 year | -7.58% | -70.73% | +63.15% |
Max Drawdown (3Y)Largest decline over 3 years | -10.57% | -70.73% | +60.16% |
Max Drawdown (5Y)Largest decline over 5 years | -24.59% | -77.83% | +53.24% |
Max Drawdown (10Y)Largest decline over 10 years | -33.60% | — | — |
Current DrawdownCurrent decline from peak | -46.35% | -70.73% | +24.38% |
Average DrawdownAverage peak-to-trough decline | -40.79% | -70.97% | +30.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.33% | 39.65% | -36.32% |
Volatility
PLNUSD=X vs. XRP-USD - Volatility Comparison
The current volatility for PLN/USD (PLNUSD=X) is 2.19%, while XRP (XRP-USD) has a volatility of 15.69%. This indicates that PLNUSD=X experiences smaller price fluctuations and is considered to be less risky than XRP-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PLNUSD=X | XRP-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.19% | 15.69% | -13.50% |
Volatility (6M)Calculated over the trailing 6-month period | 6.13% | 46.25% | -40.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.61% | 56.07% | -48.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.49% | 71.43% | -60.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.95% | 111.60% | -101.65% |
Frequently Asked Questions
PLNUSD=X and XRP-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.
XRP-USD has higher volatility (15.69%) compared to PLNUSD=X (2.19%). In terms of maximum drawdown, PLNUSD=X dropped -59.63% vs XRP-USD's -95.87%.
PLNUSD=X currently has the higher Sharpe Ratio (-0.34 vs -0.78), 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 XRP-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