TON-USD vs. DOT-USD
TON-USD (Toncoin) and DOT-USD (Polkadot) are both cryptocurrencies. Over the past 3 years, TON-USD returned 2.23%/yr vs -45.27%/yr for DOT-USD. At a 0.20 correlation, their price movements are largely independent.
Performance
TON-USD vs. DOT-USD - Performance Comparison
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Returns By Period
In the year-to-date period, TON-USD achieves a -10.30% return, which is significantly higher than DOT-USD's -52.38% return.
TON-USD
- 1D
- -1.99%
- 1M
- -10.60%
- 6M
- -13.55%
- YTD
- -10.30%
- 1Y
- -53.49%
- 3Y*
- 2.23%
- 5Y*
- —
- 10Y*
- —
DOT-USD
- 1D
- -0.82%
- 1M
- -15.15%
- 6M
- -59.82%
- YTD
- -52.38%
- 1Y
- -80.05%
- 3Y*
- -45.27%
- 5Y*
- -40.55%
- 10Y*
- —
TON-USD vs. DOT-USD - Yearly Performance Comparison
Correlation
The correlation between TON-USD and DOT-USD is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Aug 27, 2021 | 0.20 |
Over the past year, TON-USD and DOT-USD have become more correlated (0.65) than their long-term average of 0.20, meaning their price movements have been converging.
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Return for Risk
TON-USD vs. DOT-USD — Risk / Return Rank
TON-USD
DOT-USD
TON-USD vs. DOT-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Toncoin (TON-USD) and Polkadot (DOT-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.
| TON-USD | DOT-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.28 | ||
| Sortino ratioReturn per unit of downside risk | +1.43 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 0.79 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.81 | -0.97 | +0.17 |
| Martin ratioReturn relative to average drawdown | -1.10 | -1.40 | +0.30 |
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Drawdowns
TON-USD vs. DOT-USD - Drawdown Comparison
The maximum TON-USD drawdown since its inception was -85.31%, smaller than the maximum DOT-USD drawdown of -98.50%. Use the drawdown chart below to compare losses from any high point for TON-USD and DOT-USD.
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Drawdown Indicators
| TON-USD | DOT-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.31% | -98.50% | +13.19% |
Max Drawdown (1Y)Largest decline over 1 year | -66.28% | -82.23% | +15.95% |
Max Drawdown (3Y)Largest decline over 3 years | -85.31% | -93.00% | +7.69% |
Max Drawdown (5Y)Largest decline over 5 years | — | -98.50% | — |
Current DrawdownCurrent decline from peak | -81.82% | -98.42% | +16.60% |
Average DrawdownAverage peak-to-trough decline | -52.68% | -81.39% | +28.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.97% | 55.28% | -22.31% |
Volatility
TON-USD vs. DOT-USD - Volatility Comparison
Toncoin (TON-USD) has a higher volatility of 18.01% compared to Polkadot (DOT-USD) at 13.38%. This indicates that TON-USD's price experiences larger fluctuations and is considered to be riskier than DOT-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TON-USD | DOT-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.01% | 13.38% | +4.63% |
Volatility (6M)Calculated over the trailing 6-month period | 62.18% | 54.41% | +7.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 66.62% | 70.32% | -3.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 90.30% | 71.69% | +18.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 90.30% | 72.29% | +18.01% |
Frequently Asked Questions
TON-USD and DOT-USD have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TON-USD has higher volatility (18.01%) compared to DOT-USD (13.38%). In terms of maximum drawdown, TON-USD dropped -85.31% vs DOT-USD's -98.50%.
TON-USD currently has the higher Sharpe Ratio (-0.67 vs -0.95), 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.
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