SHIB-USD vs. THETA-USD
SHIB-USD (Shiba Inu) and THETA-USD (THETA) are both cryptocurrencies. Over the past 5 years, SHIB-USD returned -7.04%/yr vs -55.29%/yr for THETA-USD. A 0.65 correlation means they provide meaningful diversification when combined.
Performance
SHIB-USD vs. THETA-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SHIB-USD achieves a -29.46% return, which is significantly higher than THETA-USD's -40.53% return.
SHIB-USD
- 1D
- 1.04%
- 1M
- -22.61%
- YTD
- -29.46%
- 6M
- -41.23%
- 1Y
- -60.23%
- 3Y*
- -10.59%
- 5Y*
- -7.04%
- 10Y*
- —
THETA-USD
- 1D
- 4.86%
- 1M
- -29.74%
- YTD
- -40.53%
- 6M
- -54.31%
- 1Y
- -78.88%
- 3Y*
- -37.48%
- 5Y*
- -55.29%
- 10Y*
- —
SHIB-USD vs. THETA-USD - Yearly Performance Comparison
Correlation
The correlation between SHIB-USD and THETA-USD is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2021 | 0.65 |
The correlation between SHIB-USD and THETA-USD has been stable across timeframes, ranging from 0.65 to 0.71 - a consistent structural relationship.
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. THETA-USD — Risk / Return Rank
SHIB-USD
THETA-USD
SHIB-USD vs. THETA-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Shiba Inu (SHIB-USD) and THETA (THETA-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 | THETA-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.26 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 0.82 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.85 | -0.92 | +0.07 |
| Martin ratioReturn relative to average drawdown | -1.32 | -1.31 | -0.01 |
Loading charts...
Drawdowns
SHIB-USD vs. THETA-USD - Drawdown Comparison
The maximum SHIB-USD drawdown since its inception was -94.38%, roughly equal to the maximum THETA-USD drawdown of -99.00%. Use the drawdown chart below to compare losses from any high point for SHIB-USD and THETA-USD.
Loading charts...
Drawdown Indicators
| SHIB-USD | THETA-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.38% | -99.00% | +4.62% |
Max Drawdown (1Y)Largest decline over 1 year | -70.62% | -85.35% | +14.73% |
Max Drawdown (3Y)Largest decline over 3 years | -87.33% | -95.85% | +8.52% |
Max Drawdown (5Y)Largest decline over 5 years | -94.38% | -98.49% | +4.11% |
Current DrawdownCurrent decline from peak | -94.01% | -98.90% | +4.89% |
Average DrawdownAverage peak-to-trough decline | -80.13% | -71.58% | -8.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 45.21% | 63.67% | -18.46% |
Volatility
SHIB-USD vs. THETA-USD - Volatility Comparison
The current volatility for Shiba Inu (SHIB-USD) is 14.76%, while THETA (THETA-USD) has a volatility of 20.06%. This indicates that SHIB-USD experiences smaller price fluctuations and is considered to be less risky than THETA-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SHIB-USD | THETA-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.76% | 20.06% | -5.30% |
Volatility (6M)Calculated over the trailing 6-month period | 45.97% | 56.96% | -10.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.77% | 74.43% | -18.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 95.44% | 83.36% | +12.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 208.85% | 104.31% | +104.54% |
Frequently Asked Questions
SHIB-USD and THETA-USD have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
THETA-USD has higher volatility (20.06%) compared to SHIB-USD (14.76%). In terms of maximum drawdown, SHIB-USD dropped -94.38% vs THETA-USD's -99.00%.
THETA-USD currently has the higher Sharpe Ratio (-0.88 vs -0.90), 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 THETA-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