SOL-USD vs. ADA-USD
SOL-USD (Solana) and ADA-USD (Cardano) are both cryptocurrencies. Over the past 5 years, SOL-USD returned 18.68%/yr vs -33.88%/yr for ADA-USD. Their 0.63 correlation means they have sometimes moved together and sometimes differently.
Performance
SOL-USD vs. ADA-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SOL-USD achieves a -40.79% return, which is significantly higher than ADA-USD's -51.19% return.
SOL-USD
- 1D
- -0.59%
- 1M
- 3.38%
- 6M
- -41.99%
- YTD
- -40.79%
- 1Y
- -59.76%
- 3Y*
- 43.06%
- 5Y*
- 18.68%
- 10Y*
- —
- ALL TIME*
- 103.82%
ADA-USD
- 1D
- 4.50%
- 1M
- 13.24%
- 6M
- -54.87%
- YTD
- -51.19%
- 1Y
- -79.51%
- 3Y*
- -19.64%
- 5Y*
- -33.88%
- 10Y*
- —
- ALL TIME*
- 23.87%
Liquidity Comparison
SOL-USD vs. ADA-USD - Yearly Performance Comparison
Correlation
The correlation between SOL-USD and ADA-USD is 0.85, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.85 |
Correlation (3Y) Balances recent behavior with more history. | 0.73 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.72 |
Correlation (All Time) Calculated using the full available price history since Apr 10, 2020 | 0.63 |
Over the past year, SOL-USD and ADA-USD have become more correlated (0.85) than their long-term average of 0.63, 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
SOL-USD vs. ADA-USD — Risk / Return Rank
SOL-USD
ADA-USD
SOL-USD vs. ADA-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Solana (SOL-USD) and Cardano (ADA-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.
| SOL-USD | ADA-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | +1.01 | ||
| Omega ratioGain probability vs. loss probability | 0.88 | 0.79 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.80 | -0.93 | +0.14 |
| Martin ratioReturn relative to average drawdown | -1.14 | -1.30 | +0.16 |
Loading charts...
Drawdowns
SOL-USD vs. ADA-USD - Drawdown Comparison
The maximum SOL-USD drawdown since its inception was -96.27%, roughly equal to the maximum ADA-USD drawdown of -97.85%. Use the drawdown chart below to compare losses from any high point for SOL-USD and ADA-USD.
Loading charts...
Drawdown Indicators
| SOL-USD | ADA-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.27% | -97.85% | +1.58% |
Max Drawdown (1Y)Largest decline over 1 year | -74.89% | -85.07% | +10.18% |
Max Drawdown (3Y)Largest decline over 3 years | -76.28% | -88.33% | +12.05% |
Max Drawdown (5Y)Largest decline over 5 years | -96.27% | -95.16% | -1.11% |
Current DrawdownCurrent decline from peak | -71.87% | -94.52% | +22.65% |
Average DrawdownAverage peak-to-trough decline | -51.81% | -77.79% | +25.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 37.75% | 44.91% | -7.16% |
Volatility
SOL-USD vs. ADA-USD - Volatility Comparison
The current volatility for Solana (SOL-USD) is 13.07%, while Cardano (ADA-USD) has a volatility of 21.21%. This indicates that SOL-USD experiences smaller price fluctuations and is considered to be less risky than ADA-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SOL-USD | ADA-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.07% | 21.21% | -8.14% |
Volatility (6M)Calculated over the trailing 6-month period | 46.59% | 51.83% | -5.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.50% | 63.91% | -5.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 80.99% | 74.54% | +6.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 99.01% | 102.69% | -3.68% |
Frequently Asked Questions
SOL-USD and ADA-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.
ADA-USD has higher volatility (21.21%) compared to SOL-USD (13.07%). In terms of maximum drawdown, SOL-USD dropped -96.27% vs ADA-USD's -97.85%.
SOL-USD currently has the higher Sharpe Ratio (-0.85 vs -1.04), 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 SOL-USD and ADA-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