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.
Key characteristics
| SHIB-USD | DOGE-USD | |
|---|---|---|
| YTD Return | 149.91% | 346.54% |
| 1Y Return | 209.51% | 451.39% |
| 3Y Return (Ann) | -21.43% | 14.93% |
| Sharpe Ratio | -0.32 | 2.72 |
| Sortino Ratio | 0.15 | 3.13 |
| Omega Ratio | 1.01 | 1.30 |
| Calmar Ratio | 0.08 | 2.14 |
| Martin Ratio | -0.68 | 7.24 |
| Ulcer Index | 45.34% | 39.23% |
| Daily Std Dev | 98.41% | 83.70% |
| Max Drawdown | -92.10% | -95.27% |
| Current Drawdown | -68.86% | -42.42% |
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
In the year-to-date period, SHIB-USD achieves a 149.91% return, which is significantly lower than DOGE-USD's 346.54% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
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 32.18%, while Dogecoin (DOGE-USD) has a volatility of 40.29%. 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.