PortfoliosLab logo
SOL vs. BITW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between SOL and BITW is 0.34, 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 vs. BITW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ReneSola Ltd (SOL) and Bitwise 10 Crypto Index Fund (BITW). The values are adjusted to include any dividend payments, if applicable.

Loading data...

Key characteristics

Sharpe Ratio

SOL:

-0.28

BITW:

1.63

Sortino Ratio

SOL:

0.07

BITW:

2.43

Omega Ratio

SOL:

1.01

BITW:

1.28

Calmar Ratio

SOL:

-0.22

BITW:

1.23

Martin Ratio

SOL:

-0.67

BITW:

5.63

Ulcer Index

SOL:

31.90%

BITW:

17.69%

Daily Std Dev

SOL:

75.50%

BITW:

56.67%

Max Drawdown

SOL:

-99.38%

BITW:

-96.46%

Current Drawdown

SOL:

-98.86%

BITW:

-56.49%

Fundamentals

Returns By Period

In the year-to-date period, SOL achieves a -22.17% return, which is significantly lower than BITW's 0.22% return.


SOL

YTD

-22.17%

1M

33.90%

6M

-17.28%

1Y

-21.00%

5Y*

11.45%

10Y*

-14.22%

BITW

YTD

0.22%

1M

29.34%

6M

10.97%

1Y

91.70%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

SOL vs. BITW — Risk-Adjusted Performance Rank

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

SOL
The Risk-Adjusted Performance Rank of SOL is 3737
Overall Rank
The Sharpe Ratio Rank of SOL is 3636
Sharpe Ratio Rank
The Sortino Ratio Rank of SOL is 3737
Sortino Ratio Rank
The Omega Ratio Rank of SOL is 3737
Omega Ratio Rank
The Calmar Ratio Rank of SOL is 3737
Calmar Ratio Rank
The Martin Ratio Rank of SOL is 3535
Martin Ratio Rank

BITW
The Risk-Adjusted Performance Rank of BITW is 8989
Overall Rank
The Sharpe Ratio Rank of BITW is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of BITW is 9191
Sortino Ratio Rank
The Omega Ratio Rank of BITW is 8686
Omega Ratio Rank
The Calmar Ratio Rank of BITW is 8787
Calmar Ratio Rank
The Martin Ratio Rank of BITW is 8888
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 vs. BITW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ReneSola Ltd (SOL) and Bitwise 10 Crypto Index Fund (BITW). 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 Sharpe Ratio is -0.28, which is lower than the BITW Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of SOL and BITW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Loading data...

Dividends

SOL vs. BITW - Dividend Comparison

Neither SOL nor BITW has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

SOL vs. BITW - Drawdown Comparison

The maximum SOL drawdown since its inception was -99.38%, roughly equal to the maximum BITW drawdown of -96.46%. Use the drawdown chart below to compare losses from any high point for SOL and BITW. For additional features, visit the drawdowns tool.


Loading data...

Volatility

SOL vs. BITW - Volatility Comparison

ReneSola Ltd (SOL) has a higher volatility of 16.68% compared to Bitwise 10 Crypto Index Fund (BITW) at 12.31%. This indicates that SOL's price experiences larger fluctuations and is considered to be riskier than BITW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading data...

Financials

SOL vs. BITW - Financials Comparison

This section allows you to compare key financial metrics between ReneSola Ltd and Bitwise 10 Crypto Index Fund. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.0010.00M20.00M30.00M40.00MAprilJulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober
34.55M
(SOL) Total Revenue
(BITW) Total Revenue
Values in USD except per share items