SHIB-USD vs. DOT-USD
SHIB-USD (Shiba Inu) and DOT-USD (Polkadot) are both cryptocurrencies. Over the past 5 years, SHIB-USD returned -9.50%/yr vs -42.49%/yr for DOT-USD. At a 0.23 correlation, their price movements are largely independent.
Performance
SHIB-USD vs. DOT-USD - Performance Comparison
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Returns By Period
In the year-to-date period, SHIB-USD achieves a -38.32% return, which is significantly higher than DOT-USD's -53.61% return.
SHIB-USD
- 1D
- 2.66%
- 1M
- -10.34%
- 6M
- -47.72%
- YTD
- -38.32%
- 1Y
- -72.62%
- 3Y*
- -18.46%
- 5Y*
- -9.50%
- 10Y*
- —
- ALL TIME*
- 31.67%
DOT-USD
- 1D
- 1.33%
- 1M
- -14.37%
- 6M
- -59.11%
- YTD
- -53.61%
- 1Y
- -81.51%
- 3Y*
- -46.16%
- 5Y*
- -42.49%
- 10Y*
- —
- ALL TIME*
- -48.34%
SHIB-USD vs. DOT-USD - Yearly Performance Comparison
Correlation
The correlation between SHIB-USD and DOT-USD is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.85 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jun 15, 2021 | 0.23 |
Over the past year, SHIB-USD and DOT-USD have become more correlated (0.85) than their long-term average of 0.23, meaning their price movements have been converging.
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Return for Risk
SHIB-USD vs. DOT-USD — Risk / Return Rank
SHIB-USD
DOT-USD
SHIB-USD vs. DOT-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Shiba Inu (SHIB-USD) and Polkadot (DOT-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.
| SHIB-USD | DOT-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.12 | ||
| Omega ratioGain probability vs. loss probability | 0.79 | 0.78 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | -0.99 | -0.99 | 0.00 |
| Martin ratioReturn relative to average drawdown | -1.42 | -1.42 | 0.00 |
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Drawdowns
SHIB-USD vs. DOT-USD - Drawdown Comparison
The maximum SHIB-USD drawdown since its inception was -94.93%, roughly equal to the maximum DOT-USD drawdown of -98.50%. Use the drawdown chart below to compare losses from any high point for SHIB-USD and DOT-USD.
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Drawdown Indicators
| SHIB-USD | DOT-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.93% | -98.50% | +3.57% |
Max Drawdown (1Y)Largest decline over 1 year | -73.47% | -82.23% | +8.76% |
Max Drawdown (3Y)Largest decline over 3 years | -88.58% | -93.00% | +4.42% |
Max Drawdown (5Y)Largest decline over 5 years | -94.93% | -98.50% | +3.57% |
Current DrawdownCurrent decline from peak | -94.76% | -98.46% | +3.70% |
Average DrawdownAverage peak-to-trough decline | -80.41% | -81.42% | +1.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.47% | 53.10% | -16.63% |
Volatility
SHIB-USD vs. DOT-USD - Volatility Comparison
The current volatility for Shiba Inu (SHIB-USD) is 10.00%, while Polkadot (DOT-USD) has a volatility of 13.34%. This indicates that SHIB-USD experiences smaller price fluctuations and is considered to be less risky than DOT-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SHIB-USD | DOT-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.00% | 13.34% | -3.34% |
Volatility (6M)Calculated over the trailing 6-month period | 40.98% | 54.15% | -13.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.12% | 70.21% | -16.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 93.23% | 71.44% | +21.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 206.83% | 72.24% | +134.59% |
Frequently Asked Questions
SHIB-USD and DOT-USD have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DOT-USD has higher volatility (13.34%) compared to SHIB-USD (10.00%). In terms of maximum drawdown, SHIB-USD dropped -94.93% vs DOT-USD's -98.50%.
DOT-USD currently has the higher Sharpe Ratio (-0.96 vs -1.12), 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.
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