SOL-USD vs. BTC-USD
SOL-USD (Solana) and BTC-USD (Bitcoin) are both cryptocurrencies. Over the past 5 years, SOL-USD returned 8.85%/yr vs 11.35%/yr for BTC-USD. A 0.61 correlation means they provide meaningful diversification when combined.
Performance
SOL-USD vs. BTC-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SOL-USD achieves a -48.05% return, which is significantly lower than BTC-USD's -29.97% return.
SOL-USD
- 1D
- -6.02%
- 1M
- -27.48%
- YTD
- -48.05%
- 6M
- -51.51%
- 1Y
- -55.22%
- 3Y*
- 46.91%
- 5Y*
- 8.85%
- 10Y*
- —
BTC-USD
- 1D
- -3.97%
- 1M
- -24.76%
- YTD
- -29.97%
- 6M
- -31.42%
- 1Y
- -39.67%
- 3Y*
- 31.02%
- 5Y*
- 11.35%
- 10Y*
- 59.37%
SOL-USD vs. BTC-USD - Yearly Performance Comparison
Correlation
The correlation between SOL-USD and BTC-USD is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Apr 11, 2020 | 0.61 |
Over the past year, SOL-USD and BTC-USD have become more correlated (0.83) than their long-term average of 0.61, 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. BTC-USD — Risk / Return Rank
SOL-USD
BTC-USD
SOL-USD vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Solana (SOL-USD) and Bitcoin (BTC-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.
| SOL-USD | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.25 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 0.87 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.75 | -0.78 | +0.03 |
| Martin ratioReturn relative to average drawdown | -1.22 | -1.39 | +0.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SOL-USD | BTC-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.77 | -0.93 | +0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.09 | 0.21 | -0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.87 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 1.13 | -0.31 |
Drawdowns
SOL-USD vs. BTC-USD - Drawdown Comparison
The maximum SOL-USD drawdown since its inception was -96.27%, which is greater than BTC-USD's maximum drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for SOL-USD and BTC-USD.
Loading charts...
Drawdown Indicators
| SOL-USD | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.27% | -85.30% | -10.97% |
Max Drawdown (1Y)Largest decline over 1 year | -73.89% | -50.87% | -23.02% |
Max Drawdown (3Y)Largest decline over 3 years | -75.32% | -50.87% | -24.45% |
Max Drawdown (5Y)Largest decline over 5 years | -96.27% | -76.67% | -19.60% |
Max Drawdown (10Y)Largest decline over 10 years | — | -83.80% | — |
Current DrawdownCurrent decline from peak | -75.32% | -50.87% | -24.45% |
Average DrawdownAverage peak-to-trough decline | -51.36% | -42.29% | -9.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 51.93% | 34.02% | +17.91% |
Volatility
SOL-USD vs. BTC-USD - Volatility Comparison
Solana (SOL-USD) has a higher volatility of 15.17% compared to Bitcoin (BTC-USD) at 10.54%. This indicates that SOL-USD's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SOL-USD | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.17% | 10.54% | +4.63% |
Volatility (6M)Calculated over the trailing 6-month period | 45.73% | 34.26% | +11.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.01% | 35.65% | +24.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 82.59% | 44.98% | +37.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 99.84% | 56.70% | +43.14% |
Frequently Asked Questions
SOL-USD and BTC-USD have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SOL-USD has higher volatility (15.17%) compared to BTC-USD (10.54%). In terms of maximum drawdown, SOL-USD dropped -96.27% vs BTC-USD's -85.30%.
SOL-USD currently has the higher Sharpe Ratio (-0.77 vs -0.93), 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 BTC-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