SDEV vs. KEN

Last updated Jun 13, 2026

SDEV (Stablecoin Development Corporation) and KEN (Kenon Holdings Ltd.) are both stocks. SDEV operates in Asset Management (Financial Services), while KEN operates in Utilities - Regulated Electric (Utilities). Over the past 10 years, SDEV returned -60.40%/yr vs 41.88%/yr for KEN. At a 0.05 correlation, their price movements are largely independent.

Performance

SDEV vs. KEN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Stablecoin Development Corporation (SDEV) and Kenon Holdings Ltd. (KEN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SDEV achieves a -96.42% return, which is significantly lower than KEN's 14.26% return. Over the past 10 years, SDEV has underperformed KEN with an annualized return of -60.40%, while KEN has yielded a comparatively higher 41.88% annualized return.

SDEV

• 1D: -7.34%
• 1M: -38.41%
• YTD: -96.42%
• 6M: -92.79%
• 1Y: -49.07%
• 3Y*: -76.92%
• 5Y*: -79.74%
• 10Y*: -60.40%

KEN

• 1D: 0.54%
• 1M: -17.72%
• YTD: 14.26%
• 6M: 23.62%
• 1Y: 118.60%
• 3Y*: 57.99%
• 5Y*: 31.84%
• 10Y*: 41.88%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SDEV vs. KEN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SDEV Stablecoin Development Corporation	-96.42%	1,319.69%	-91.58%	-89.54%	-85.21%	-45.97%	8.91%	-17.17%	-79.93%	16.67%
KEN Kenon Holdings Ltd.	14.26%	126.18%	62.44%	-19.16%	-23.73%	93.65%	57.17%	50.73%	23.06%	85.88%

Correlation

The correlation between SDEV and KEN is 0.08, 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	0.08
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.08
Correlation (10Y) Calculated over the trailing 10-year period	0.05
Correlation (All Time) Calculated using the full available price history since Jan 14, 2015	0.05

Fundamentals

Market Cap SDEV : $167.37M KEN : $3.84B
EPS SDEV : $12.02 KEN : $1.54
PE Ratio SDEV : 0.08 KEN : 46.98
PS Ratio SDEV : 17.82 KEN : 3.80
PB Ratio SDEV : 1.21 KEN : 2.56
Total Revenue (TTM) SDEV : $2.46M KEN : $1.01B
Gross Profit (TTM) SDEV : -$85.00K KEN : $166.82M
EBITDA (TTM) SDEV : -$5.18M KEN : $339.95M

Return for Risk

SDEV vs. KEN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SDEV

SDEV Risk / Return Rank: 43
SDEV Sharpe Ratio Rank: 33
SDEV Sortino Ratio Rank: 66
SDEV Omega Ratio Rank: 66
SDEV Calmar Ratio Rank: 23
SDEV Martin Ratio Rank: 28

KEN

KEN Risk / Return Rank: 93
KEN Sharpe Ratio Rank: 95
KEN Sortino Ratio Rank: 92
KEN Omega Ratio Rank: 91
KEN Calmar Ratio Rank: 91
KEN Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SDEV vs. KEN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Stablecoin Development Corporation (SDEV) and Kenon Holdings Ltd. (KEN). 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.

	SDEV	KEN	Difference
Sharpe ratio: Return per unit of total volatility	-0.22	2.96	-3.17
Sortino ratio: Return per unit of downside risk	1.45	3.34	-1.89
Omega ratio: Gain probability vs. loss probability	1.19	1.44	-0.25
Calmar ratio: Return relative to maximum drawdown	-0.53	4.42	-4.95
Martin ratio: Return relative to average drawdown	-0.77	17.27	-18.05

SDEV vs. KEN - Sharpe Ratio Comparison

The current SDEV Sharpe Ratio is -0.22, which is lower than the KEN Sharpe Ratio of 2.96. The chart below compares the historical Sharpe Ratios of SDEV and KEN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SDEV vs. KEN - Drawdown Comparison

The maximum SDEV drawdown since its inception was -100.00%, which is greater than KEN's maximum drawdown of -69.20%. Use the drawdown chart below to compare losses from any high point for SDEV and KEN.

Drawdown Indicators

	SDEV	KEN	Difference
Max Drawdown Largest peak-to-trough decline	-100.00%	-69.20%	-30.80%
Max Drawdown (1Y) Largest decline over 1 year	-98.95%	-26.41%	-72.54%
Max Drawdown (3Y) Largest decline over 3 years	-99.00%	-32.27%	-66.73%
Max Drawdown (5Y) Largest decline over 5 years	-99.97%	-69.20%	-30.77%
Max Drawdown (10Y) Largest decline over 10 years	-100.00%	-69.20%	-30.80%
Current Drawdown Current decline from peak	-100.00%	-24.16%	-75.84%
Average Drawdown Average peak-to-trough decline	-83.46%	-23.19%	-60.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	67.95%	6.74%	+61.21%

Volatility

SDEV vs. KEN - Volatility Comparison

Stablecoin Development Corporation (SDEV) has a higher volatility of 21.63% compared to Kenon Holdings Ltd. (KEN) at 14.84%. This indicates that SDEV's price experiences larger fluctuations and is considered to be riskier than KEN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SDEV	KEN	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.63%	14.84%	+6.79%
Volatility (6M) Calculated over the trailing 6-month period	179.82%	30.71%	+149.11%
Volatility (1Y) Calculated over the trailing 1-year period	244.65%	39.55%	+205.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	140.48%	39.79%	+100.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	333.66%	41.93%	+291.73%

Dividends

SDEV vs. KEN - Dividend Comparison

SDEV's dividend yield for the trailing twelve months is around 396.04%, more than KEN's 5.31% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KEN Kenon Holdings Ltd.	5.31%	7.24%	11.18%	11.46%	25.00%	7.35%	7.41%	5.75%	96.34%	0.00%	0.00%	45.52%
SDEV Stablecoin Development Corporation	396.04%	14.18%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both SDEV and KEN in my portfolio?

SDEV and KEN have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SDEV or KEN?

SDEV has higher volatility (21.63%) compared to KEN (14.84%). In terms of maximum drawdown, SDEV dropped -100.00% vs KEN's -69.20%.

Which has better risk-adjusted returns?

KEN currently has the higher Sharpe Ratio (2.96 vs -0.22), 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.