SHIB-USD vs. DOGE-USD
Compare and contrast key facts about Shiba Inu (SHIB-USD) and Dogecoin (DOGE-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SHIB-USD or DOGE-USD.
Correlation
The correlation between SHIB-USD and DOGE-USD is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SHIB-USD vs. DOGE-USD - Performance Comparison
Key characteristics
SHIB-USD:
0.13
DOGE-USD:
3.79
SHIB-USD:
0.95
DOGE-USD:
3.61
SHIB-USD:
1.09
DOGE-USD:
1.35
SHIB-USD:
0.03
DOGE-USD:
2.90
SHIB-USD:
0.35
DOGE-USD:
13.09
SHIB-USD:
34.49%
DOGE-USD:
27.86%
SHIB-USD:
100.04%
DOGE-USD:
86.77%
SHIB-USD:
-92.10%
DOGE-USD:
-95.27%
SHIB-USD:
-70.78%
DOGE-USD:
-40.05%
Returns By Period
In the year-to-date period, SHIB-USD achieves a 14.66% return, which is significantly lower than DOGE-USD's 31.76% return.
SHIB-USD
14.66%
0.94%
36.10%
163.61%
N/A
N/A
DOGE-USD
31.76%
16.17%
231.48%
433.34%
180.90%
122.38%
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Risk-Adjusted Performance
SHIB-USD vs. DOGE-USD — Risk-Adjusted Performance Rank
SHIB-USD
DOGE-USD
SHIB-USD vs. DOGE-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Shiba Inu (SHIB-USD) and Dogecoin (DOGE-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.
Drawdowns
SHIB-USD vs. DOGE-USD - Drawdown Comparison
The maximum SHIB-USD drawdown since its inception was -92.10%, roughly equal to the maximum DOGE-USD drawdown of -95.27%. Use the drawdown chart below to compare losses from any high point for SHIB-USD and DOGE-USD. For additional features, visit the drawdowns tool.
Volatility
SHIB-USD vs. DOGE-USD - Volatility Comparison
The current volatility for Shiba Inu (SHIB-USD) is 24.72%, while Dogecoin (DOGE-USD) has a volatility of 29.24%. This indicates that SHIB-USD experiences smaller price fluctuations and is considered to be less risky than DOGE-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.