SHIB-USD vs. LINK-USD
SHIB-USD (Shiba Inu) and LINK-USD (Chainlink) are both cryptocurrencies. Over the past 5 years, SHIB-USD returned -9.50%/yr vs -10.87%/yr for LINK-USD. A 0.67 correlation means they provide meaningful diversification when combined.
Performance
SHIB-USD vs. LINK-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SHIB-USD achieves a -38.32% return, which is significantly lower than LINK-USD's -29.37% 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%
LINK-USD
- 1D
- 2.70%
- 1M
- 7.83%
- 6M
- -33.17%
- YTD
- -29.37%
- 1Y
- -55.39%
- 3Y*
- 1.92%
- 5Y*
- -10.87%
- 10Y*
- —
- ALL TIME*
- 57.41%
SHIB-USD vs. LINK-USD - Yearly Performance Comparison
Correlation
The correlation between SHIB-USD and LINK-USD is 0.87, 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 | 0.87 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2021 | 0.67 |
Over the past year, SHIB-USD and LINK-USD have become more correlated (0.87) than their long-term average of 0.67, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SHIB-USD vs. LINK-USD — Risk / Return Rank
SHIB-USD
LINK-USD
SHIB-USD vs. LINK-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Shiba Inu (SHIB-USD) and Chainlink (LINK-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 | LINK-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.39 | ||
| Sortino ratioReturn per unit of downside risk | -1.28 | ||
| Omega ratioGain probability vs. loss probability | 0.79 | 0.91 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.99 | -0.76 | -0.23 |
| Martin ratioReturn relative to average drawdown | -1.42 | -1.04 | -0.38 |
Loading charts...
Drawdowns
SHIB-USD vs. LINK-USD - Drawdown Comparison
The maximum SHIB-USD drawdown since its inception was -94.93%, which is greater than LINK-USD's maximum drawdown of -90.19%. Use the drawdown chart below to compare losses from any high point for SHIB-USD and LINK-USD.
Loading charts...
Drawdown Indicators
| SHIB-USD | LINK-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.93% | -90.19% | -4.74% |
Max Drawdown (1Y)Largest decline over 1 year | -73.47% | -73.15% | -0.32% |
Max Drawdown (3Y)Largest decline over 3 years | -88.58% | -75.42% | -13.16% |
Max Drawdown (5Y)Largest decline over 5 years | -94.93% | -85.26% | -9.67% |
Current DrawdownCurrent decline from peak | -94.76% | -83.56% | -11.20% |
Average DrawdownAverage peak-to-trough decline | -80.41% | -60.70% | -19.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.47% | 36.24% | +0.23% |
Volatility
SHIB-USD vs. LINK-USD - Volatility Comparison
The current volatility for Shiba Inu (SHIB-USD) is 10.00%, while Chainlink (LINK-USD) has a volatility of 12.90%. This indicates that SHIB-USD experiences smaller price fluctuations and is considered to be less risky than LINK-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SHIB-USD | LINK-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.00% | 12.90% | -2.90% |
Volatility (6M)Calculated over the trailing 6-month period | 40.98% | 44.57% | -3.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.12% | 63.39% | -9.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 93.23% | 74.29% | +18.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 206.83% | 100.40% | +106.43% |
Frequently Asked Questions
SHIB-USD and LINK-USD have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LINK-USD has higher volatility (12.90%) compared to SHIB-USD (10.00%). In terms of maximum drawdown, SHIB-USD dropped -94.93% vs LINK-USD's -90.19%.
LINK-USD currently has the higher Sharpe Ratio (-0.73 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.
Find the right allocation for SHIB-USD and LINK-USD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer