SKYT vs. DOGE-USD
SKYT (SkyWater Technology, Inc.) is a stock, while DOGE-USD (Dogecoin) is a cryptocurrency. Over the past 5 years, SKYT returned 6.99%/yr vs -24.81%/yr for DOGE-USD. At a 0.21 correlation, their price movements are largely independent.
Performance
SKYT vs. DOGE-USD - Performance Comparison
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Returns By Period
In the year-to-date period, SKYT achieves a 111.29% return, which is significantly higher than DOGE-USD's -22.77% return.
SKYT
- 1D
- -3.86%
- 1M
- 19.20%
- YTD
- 111.29%
- 6M
- 109.67%
- 1Y
- 331.61%
- 3Y*
- 54.67%
- 5Y*
- 6.99%
- 10Y*
- —
DOGE-USD
- 1D
- -2.19%
- 1M
- -17.74%
- YTD
- -22.77%
- 6M
- -40.29%
- 1Y
- -53.14%
- 3Y*
- 7.70%
- 5Y*
- -24.81%
- 10Y*
- —
SKYT vs. DOGE-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SKYT SkyWater Technology, Inc. | 111.29% | 31.59% | 43.45% | 35.30% | -56.17% | -8.57% |
DOGE-USD Dogecoin | -22.77% | -62.82% | 252.28% | 27.54% | -58.78% | -44.52% |
Correlation
The correlation between SKYT and DOGE-USD is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Apr 22, 2021 | 0.21 |
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Return for Risk
SKYT vs. DOGE-USD — Risk / Return Rank
SKYT
DOGE-USD
SKYT vs. DOGE-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SkyWater Technology, Inc. (SKYT) 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.
| SKYT | DOGE-USD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.44 | -0.67 | +4.11 |
Sortino ratioReturn per unit of downside risk | 3.97 | -0.79 | +4.77 |
Omega ratioGain probability vs. loss probability | 1.48 | 0.92 | +0.55 |
Calmar ratioReturn relative to maximum drawdown | 7.84 | -0.76 | +8.60 |
Martin ratioReturn relative to average drawdown | 20.72 | -1.11 | +21.83 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SKYT | DOGE-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.44 | -0.67 | +4.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.07 | -0.26 | +0.33 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | 0.12 | +0.04 |
Drawdowns
SKYT vs. DOGE-USD - Drawdown Comparison
The maximum SKYT drawdown since its inception was -86.72%, smaller than the maximum DOGE-USD drawdown of -92.29%. Use the drawdown chart below to compare losses from any high point for SKYT and DOGE-USD.
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Drawdown Indicators
| SKYT | DOGE-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.72% | -92.29% | +5.57% |
Max Drawdown (1Y)Largest decline over 1 year | -42.64% | -69.49% | +26.85% |
Max Drawdown (3Y)Largest decline over 3 years | -63.57% | -81.08% | +17.51% |
Max Drawdown (5Y)Largest decline over 5 years | -86.72% | -85.79% | -0.93% |
Current DrawdownCurrent decline from peak | -3.86% | -86.78% | +82.92% |
Average DrawdownAverage peak-to-trough decline | -59.89% | -75.11% | +15.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.10% | 53.01% | -36.91% |
Volatility
SKYT vs. DOGE-USD - Volatility Comparison
The current volatility for SkyWater Technology, Inc. (SKYT) is 11.95%, while Dogecoin (DOGE-USD) has a volatility of 13.82%. This indicates that SKYT 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.
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Volatility by Period
| SKYT | DOGE-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.95% | 13.82% | -1.87% |
Volatility (6M)Calculated over the trailing 6-month period | 47.91% | 48.40% | -0.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 97.23% | 66.01% | +31.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 96.79% | 79.03% | +17.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 97.41% | 761.60% | -664.19% |
Frequently Asked Questions
SKYT and DOGE-USD have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DOGE-USD has higher volatility (13.82%) compared to SKYT (11.95%). In terms of maximum drawdown, SKYT dropped -86.72% vs DOGE-USD's -92.29%.
SKYT currently has the higher Sharpe Ratio (3.44 vs -0.67), 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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