SOL-USD vs. ADA-USD
Compare and contrast key facts about Solana (SOL-USD) and Cardano (ADA-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SOL-USD or ADA-USD.
Correlation
The correlation between SOL-USD and ADA-USD is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SOL-USD vs. ADA-USD - Performance Comparison
Key characteristics
SOL-USD:
0.74
ADA-USD:
2.10
SOL-USD:
1.52
ADA-USD:
2.76
SOL-USD:
1.14
ADA-USD:
1.27
SOL-USD:
0.46
ADA-USD:
1.13
SOL-USD:
3.28
ADA-USD:
7.33
SOL-USD:
17.63%
ADA-USD:
23.75%
SOL-USD:
68.79%
ADA-USD:
68.87%
SOL-USD:
-96.27%
ADA-USD:
-97.85%
SOL-USD:
-26.72%
ADA-USD:
-68.86%
Returns By Period
In the year-to-date period, SOL-USD achieves a 86.94% return, which is significantly higher than ADA-USD's 55.54% return.
SOL-USD
86.94%
-25.64%
43.49%
68.69%
N/A
N/A
ADA-USD
55.54%
-13.32%
144.66%
55.61%
93.89%
N/A
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Risk-Adjusted Performance
SOL-USD vs. ADA-USD - Risk-Adjusted Performance 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.
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. For additional features, visit the drawdowns tool.
Volatility
SOL-USD vs. ADA-USD - Volatility Comparison
The current volatility for Solana (SOL-USD) is 21.11%, while Cardano (ADA-USD) has a volatility of 29.84%. 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.