SOL-USD vs. DOGE-USD
SOL-USD (Solana) and DOGE-USD (Dogecoin) are both cryptocurrencies. Over the past 5 years, SOL-USD returned 16.47%/yr vs -18.60%/yr for DOGE-USD. Their 0.57 correlation means they have sometimes moved together and sometimes differently.
Performance
SOL-USD vs. DOGE-USD - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with SOL-USD having a -41.24% return and DOGE-USD slightly higher at -40.20%.
SOL-USD
- 1D
- 1.74%
- 1M
- -11.12%
- 6M
- -27.35%
- YTD
- -41.24%
- 1Y
- -53.85%
- 3Y*
- 47.87%
- 5Y*
- 16.47%
- 10Y*
- —
- ALL TIME*
- 103.25%
DOGE-USD
- 1D
- 1.48%
- 1M
- -9.50%
- 6M
- -32.69%
- YTD
- -40.20%
- 1Y
- -63.29%
- 3Y*
- -1.58%
- 5Y*
- -18.60%
- 10Y*
- —
- ALL TIME*
- 104.30%
Liquidity Comparison
SOL-USD vs. DOGE-USD - Yearly Performance Comparison
Correlation
The correlation between SOL-USD and DOGE-USD is 0.83, 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. | 0.83 |
Correlation (3Y) Balances recent behavior with more history. | 0.72 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.68 |
Correlation (All Time) Calculated using the full available price history since Apr 10, 2020 | 0.57 |
Over the past year, SOL-USD and DOGE-USD have become more correlated (0.83) than their long-term average of 0.57, 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. DOGE-USD — Risk / Return Rank
SOL-USD
DOGE-USD
SOL-USD vs. DOGE-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Solana (SOL-USD) 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.
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 | DOGE-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.33 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 0.87 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | -0.83 | +0.11 |
| Martin ratioReturn relative to average drawdown | -1.02 | -1.14 | +0.12 |
Loading charts...
Drawdowns
SOL-USD vs. DOGE-USD - Drawdown Comparison
The maximum SOL-USD drawdown since its inception was -96.27%, roughly equal to the maximum DOGE-USD drawdown of -92.29%. Use the drawdown chart below to compare losses from any high point for SOL-USD and DOGE-USD.
Loading charts...
Drawdown Indicators
| SOL-USD | DOGE-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.27% | -92.29% | -3.98% |
Max Drawdown (1Y)Largest decline over 1 year | -74.89% | -76.14% | +1.25% |
Max Drawdown (3Y)Largest decline over 3 years | -76.28% | -85.20% | +8.92% |
Max Drawdown (5Y)Largest decline over 5 years | -96.27% | -85.20% | -11.07% |
Current DrawdownCurrent decline from peak | -72.09% | -89.76% | +17.67% |
Average DrawdownAverage peak-to-trough decline | -51.86% | -75.33% | +23.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 38.40% | 36.32% | +2.08% |
Volatility
SOL-USD vs. DOGE-USD - Volatility Comparison
The current volatility for Solana (SOL-USD) is 9.87%, while Dogecoin (DOGE-USD) has a volatility of 10.64%. This indicates that SOL-USD 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.
Loading charts...
Volatility by Period
| SOL-USD | DOGE-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.87% | 10.64% | -0.77% |
Volatility (6M)Calculated over the trailing 6-month period | 44.86% | 43.06% | +1.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.27% | 61.55% | -3.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 80.66% | 76.57% | +4.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 98.91% | 754.65% | -655.74% |
Frequently Asked Questions
SOL-USD and DOGE-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.
DOGE-USD has higher volatility (10.64%) compared to SOL-USD (9.87%). In terms of maximum drawdown, SOL-USD dropped -96.27% vs DOGE-USD's -92.29%.
SOL-USD currently has the higher Sharpe Ratio (-0.77 vs -0.86), 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 DOGE-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