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 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SHIB-USD vs. DOGE-USD - Performance Comparison
Key characteristics
SHIB-USD:
-0.01
DOGE-USD:
1.19
SHIB-USD:
0.72
DOGE-USD:
2.04
SHIB-USD:
1.07
DOGE-USD:
1.21
SHIB-USD:
0.00
DOGE-USD:
0.75
SHIB-USD:
-0.02
DOGE-USD:
3.46
SHIB-USD:
37.56%
DOGE-USD:
35.61%
SHIB-USD:
75.64%
DOGE-USD:
80.96%
SHIB-USD:
-92.10%
DOGE-USD:
-95.27%
SHIB-USD:
-83.67%
DOGE-USD:
-74.26%
Returns By Period
In the year-to-date period, SHIB-USD achieves a -35.93% return, which is significantly higher than DOGE-USD's -43.42% return.
SHIB-USD
-35.93%
-2.25%
-24.85%
-47.21%
N/A
N/A
DOGE-USD
-43.42%
-6.45%
25.79%
18.00%
142.81%
110.61%
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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 23.45%, while Dogecoin (DOGE-USD) has a volatility of 27.70%. 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.