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

Key characteristics


SOL-USDETH-USD
YTD Return35.77%30.98%
1Y Return520.28%56.89%
3Y Return (Ann)43.93%-4.50%
Sharpe Ratio14.672.44
Daily Std Dev75.61%42.08%
Max Drawdown-96.27%-93.96%
Current Drawdown-46.78%-37.90%

Correlation

-0.50.00.51.00.6

The correlation between SOL-USD and ETH-USD is 0.64, 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. ETH-USD - Performance Comparison

In the year-to-date period, SOL-USD achieves a 35.77% return, which is significantly higher than ETH-USD's 30.98% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%1,000.00%2,000.00%3,000.00%4,000.00%5,000.00%6,000.00%December2024FebruaryMarchAprilMay
3,772.58%
673.20%
SOL-USD
ETH-USD

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Solana

Ethereum

Risk-Adjusted Performance

SOL-USD vs. ETH-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Solana (SOL-USD) and Ethereum (ETH-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
Sharpe ratio
The chart of Sharpe ratio for SOL-USD, currently valued at 14.67, compared to the broader market0.002.004.006.008.0010.0014.67
Sortino ratio
The chart of Sortino ratio for SOL-USD, currently valued at 5.88, compared to the broader market0.001.002.003.004.005.005.88
Omega ratio
The chart of Omega ratio for SOL-USD, currently valued at 1.59, compared to the broader market1.001.101.201.301.401.501.59
Calmar ratio
The chart of Calmar ratio for SOL-USD, currently valued at 12.86, compared to the broader market2.004.006.008.0010.0012.0012.86
Martin ratio
The chart of Martin ratio for SOL-USD, currently valued at 101.57, compared to the broader market0.0020.0040.0060.00101.57
ETH-USD
Sharpe ratio
The chart of Sharpe ratio for ETH-USD, currently valued at 2.44, compared to the broader market0.002.004.006.008.0010.002.44
Sortino ratio
The chart of Sortino ratio for ETH-USD, currently valued at 2.86, compared to the broader market0.001.002.003.004.005.002.86
Omega ratio
The chart of Omega ratio for ETH-USD, currently valued at 1.32, compared to the broader market1.001.101.201.301.401.501.32
Calmar ratio
The chart of Calmar ratio for ETH-USD, currently valued at 1.06, compared to the broader market2.004.006.008.0010.0012.001.06
Martin ratio
The chart of Martin ratio for ETH-USD, currently valued at 13.65, compared to the broader market0.0020.0040.0060.0013.65

SOL-USD vs. ETH-USD - Sharpe Ratio Comparison

The current SOL-USD Sharpe Ratio is 14.67, which is higher than the ETH-USD Sharpe Ratio of 2.44. The chart below compares the 12-month rolling Sharpe Ratio of SOL-USD and ETH-USD.


Rolling 12-month Sharpe Ratio0.005.0010.0015.0020.0025.00December2024FebruaryMarchAprilMay
14.67
2.44
SOL-USD
ETH-USD

Drawdowns

SOL-USD vs. ETH-USD - Drawdown Comparison

The maximum SOL-USD drawdown since its inception was -96.27%, roughly equal to the maximum ETH-USD drawdown of -93.96%. Use the drawdown chart below to compare losses from any high point for SOL-USD and ETH-USD. For additional features, visit the drawdowns tool.


-80.00%-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%December2024FebruaryMarchAprilMay
-46.78%
-37.90%
SOL-USD
ETH-USD

Volatility

SOL-USD vs. ETH-USD - Volatility Comparison

Solana (SOL-USD) has a higher volatility of 27.08% compared to Ethereum (ETH-USD) at 18.52%. This indicates that SOL-USD's price experiences larger fluctuations and is considered to be riskier than ETH-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%30.00%35.00%40.00%December2024FebruaryMarchAprilMay
27.08%
18.52%
SOL-USD
ETH-USD