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

Correlation

The correlation between SOL-USD and ETH-USD is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

SOL-USD vs. ETH-USD - Performance Comparison

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

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Key characteristics

Sharpe Ratio

SOL-USD:

0.28

ETH-USD:

-0.12

Sortino Ratio

SOL-USD:

1.61

ETH-USD:

0.88

Omega Ratio

SOL-USD:

1.17

ETH-USD:

1.09

Calmar Ratio

SOL-USD:

0.51

ETH-USD:

0.06

Martin Ratio

SOL-USD:

2.36

ETH-USD:

0.50

Ulcer Index

SOL-USD:

29.62%

ETH-USD:

31.84%

Daily Std Dev

SOL-USD:

73.38%

ETH-USD:

62.61%

Max Drawdown

SOL-USD:

-96.27%

ETH-USD:

-93.96%

Current Drawdown

SOL-USD:

-29.73%

ETH-USD:

-44.30%

Returns By Period

In the year-to-date period, SOL-USD achieves a -2.78% return, which is significantly higher than ETH-USD's -19.58% return.


SOL-USD

YTD

-2.78%

1M

42.30%

6M

-14.49%

1Y

29.55%

5Y*

218.89%

10Y*

N/A

ETH-USD

YTD

-19.58%

1M

65.16%

6M

-16.05%

1Y

-6.98%

5Y*

68.84%

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

SOL-USD vs. ETH-USD — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SOL-USD
The Risk-Adjusted Performance Rank of SOL-USD is 7070
Overall Rank
The Sharpe Ratio Rank of SOL-USD is 7777
Sharpe Ratio Rank
The Sortino Ratio Rank of SOL-USD is 6464
Sortino Ratio Rank
The Omega Ratio Rank of SOL-USD is 6666
Omega Ratio Rank
The Calmar Ratio Rank of SOL-USD is 7474
Calmar Ratio Rank
The Martin Ratio Rank of SOL-USD is 7171
Martin Ratio Rank

ETH-USD
The Risk-Adjusted Performance Rank of ETH-USD is 4343
Overall Rank
The Sharpe Ratio Rank of ETH-USD is 5454
Sharpe Ratio Rank
The Sortino Ratio Rank of ETH-USD is 3535
Sortino Ratio Rank
The Omega Ratio Rank of ETH-USD is 3636
Omega Ratio Rank
The Calmar Ratio Rank of ETH-USD is 4444
Calmar Ratio Rank
The Martin Ratio Rank of ETH-USD is 4444
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current SOL-USD Sharpe Ratio is 0.28, which is higher than the ETH-USD Sharpe Ratio of -0.12. The chart below compares the historical Sharpe Ratios of SOL-USD and ETH-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.


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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.


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Volatility

SOL-USD vs. ETH-USD - Volatility Comparison

The current volatility for Solana (SOL-USD) is 17.27%, while Ethereum (ETH-USD) has a volatility of 25.69%. This indicates that SOL-USD experiences smaller price fluctuations and is considered to be less risky than ETH-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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