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SOL-USD vs. ADA-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Performance

SOL-USD vs. ADA-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Solana (SOL-USD) and Cardano (ADA-USD). The values are adjusted to include any dividend payments, if applicable.

-40.00%-20.00%0.00%20.00%40.00%60.00%80.00%JuneJulyAugustSeptemberOctoberNovember
46.07%
76.32%
SOL-USD
ADA-USD

Returns By Period

In the year-to-date period, SOL-USD achieves a 153.25% return, which is significantly higher than ADA-USD's 38.08% return.


SOL-USD

YTD

153.25%

1M

53.69%

6M

46.07%

1Y

346.38%

5Y (annualized)

N/A

10Y (annualized)

N/A

ADA-USD

YTD

38.08%

1M

125.52%

6M

76.32%

1Y

115.54%

5Y (annualized)

84.53%

10Y (annualized)

N/A

Key characteristics


SOL-USDADA-USD
Sharpe Ratio0.860.18
Sortino Ratio1.640.85
Omega Ratio1.161.08
Calmar Ratio0.620.04
Martin Ratio2.970.32
Ulcer Index24.32%42.61%
Daily Std Dev71.64%67.09%
Max Drawdown-96.27%-97.85%
Current Drawdown-0.72%-72.36%

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Correlation

-0.50.00.51.00.6

The correlation between SOL-USD and ADA-USD is 0.62, 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.

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.


Sharpe ratio
The chart of Sharpe ratio for SOL-USD, currently valued at 0.86, compared to the broader market-0.500.000.501.001.502.000.860.18
The chart of Sortino ratio for SOL-USD, currently valued at 1.64, compared to the broader market-1.000.001.002.001.640.85
The chart of Omega ratio for SOL-USD, currently valued at 1.16, compared to the broader market0.901.001.101.201.301.161.08
The chart of Calmar ratio for SOL-USD, currently valued at 0.62, compared to the broader market0.200.400.600.801.001.200.620.04
The chart of Martin ratio for SOL-USD, currently valued at 2.97, compared to the broader market0.002.004.006.008.0010.0012.002.970.32
SOL-USD
ADA-USD

The current SOL-USD Sharpe Ratio is 0.86, which is higher than the ADA-USD Sharpe Ratio of 0.18. The chart below compares the historical Sharpe Ratios of SOL-USD and ADA-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.005.0010.0015.0020.0025.00JuneJulyAugustSeptemberOctoberNovember
0.86
0.18
SOL-USD
ADA-USD

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.


-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.72%
-72.36%
SOL-USD
ADA-USD

Volatility

SOL-USD vs. ADA-USD - Volatility Comparison

The current volatility for Solana (SOL-USD) is 23.60%, while Cardano (ADA-USD) has a volatility of 34.10%. 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.


10.00%15.00%20.00%25.00%30.00%35.00%JuneJulyAugustSeptemberOctoberNovember
23.60%
34.10%
SOL-USD
ADA-USD