TRX-USD vs. ENEL.MI

Last updated Jun 14, 2026

TRX-USD (Tronix) is a cryptocurrency, while ENEL.MI (Enel SpA) is a stock. Over the past 5 years, TRX-USD returned 34.40%/yr vs 9.38%/yr for ENEL.MI. At a 0.05 correlation, their price movements are largely independent.

Performance

TRX-USD vs. ENEL.MI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tronix (TRX-USD) and Enel SpA (ENEL.MI). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

TRX-USD is traded in USD, while ENEL.MI is traded in EUR. To make them comparable, the ENEL.MI values have been converted to USD using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with TRX-USD having a 11.24% return and ENEL.MI slightly higher at 11.27%.

TRX-USD

• 1D: 0.23%
• 1M: -10.66%
• YTD: 11.24%
• 6M: 16.57%
• 1Y: 17.12%
• 3Y*: 64.55%
• 5Y*: 34.40%
• 10Y*: —

ENEL.MI

• 1D: 1.24%
• 1M: -0.17%
• YTD: 11.27%
• 6M: 13.39%
• 1Y: 30.12%
• 3Y*: 26.95%
• 5Y*: 9.38%
• 10Y*: 16.16%

*Multi-year figures are annualized to reflect compound growth (CAGR)

TRX-USD vs. ENEL.MI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TRX-USD Tronix	11.24%	11.86%	135.87%	97.75%	-27.86%	180.88%	102.08%	-29.71%	-57.23%	2,056.30%
ENEL.MI Enel SpA	11.27%	54.38%	2.16%	47.14%	-27.94%	-18.12%	33.94%	44.24%	-1.88%	-1.85%

Correlation

The correlation between TRX-USD and ENEL.MI is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.05
Correlation (5Y) Calculated over the trailing 5-year period	0.09
Correlation (All Time) Calculated using the full available price history since Sep 12, 2017	0.05

Return for Risk

TRX-USD vs. ENEL.MI — Risk / Return Rank

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

TRX-USD

TRX-USD Risk / Return Rank: 94
TRX-USD Sharpe Ratio Rank: 96
TRX-USD Sortino Ratio Rank: 92
TRX-USD Omega Ratio Rank: 92
TRX-USD Calmar Ratio Rank: 95
TRX-USD Martin Ratio Rank: 94

ENEL.MI

ENEL.MI Risk / Return Rank: 82
ENEL.MI Sharpe Ratio Rank: 83
ENEL.MI Sortino Ratio Rank: 79
ENEL.MI Omega Ratio Rank: 80
ENEL.MI Calmar Ratio Rank: 81
ENEL.MI Martin Ratio Rank: 84

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TRX-USD vs. ENEL.MI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tronix (TRX-USD) and Enel SpA (ENEL.MI). 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.

	TRX-USD	ENEL.MI	Difference
Sharpe ratio: Return per unit of total volatility	0.60	1.38	-0.79
Sortino ratio: Return per unit of downside risk	0.97	1.91	-0.94
Omega ratio: Gain probability vs. loss probability	1.11	1.26	-0.16
Calmar ratio: Return relative to maximum drawdown	0.64	2.31	-1.67
Martin ratio: Return relative to average drawdown	1.14	6.46	-5.32

TRX-USD vs. ENEL.MI - Sharpe Ratio Comparison

The current TRX-USD Sharpe Ratio is 0.60, which is lower than the ENEL.MI Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of TRX-USD and ENEL.MI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TRX-USD vs. ENEL.MI - Drawdown Comparison

The maximum TRX-USD drawdown since its inception was -95.89%, which is greater than ENEL.MI's maximum drawdown of -62.43%. Use the drawdown chart below to compare losses from any high point for TRX-USD and ENEL.MI.

Drawdown Indicators

	TRX-USD	ENEL.MI	Difference
Max Drawdown Largest peak-to-trough decline	-95.89%	-62.43%	-33.46%
Max Drawdown (1Y) Largest decline over 1 year	-26.58%	-12.54%	-14.04%
Max Drawdown (3Y) Largest decline over 3 years	-50.98%	-16.58%	-34.40%
Max Drawdown (5Y) Largest decline over 5 years	-59.60%	-56.89%	-2.71%
Max Drawdown (10Y) Largest decline over 10 years	—	-60.65%	—
Current Drawdown Current decline from peak	-27.00%	-5.96%	-21.04%
Average Drawdown Average peak-to-trough decline	-62.47%	-20.97%	-41.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.82%	4.49%	+9.33%

Volatility

TRX-USD vs. ENEL.MI - Volatility Comparison

Tronix (TRX-USD) has a higher volatility of 8.57% compared to Enel SpA (ENEL.MI) at 5.95%. This indicates that TRX-USD's price experiences larger fluctuations and is considered to be riskier than ENEL.MI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TRX-USD	ENEL.MI	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.57%	5.95%	+2.62%
Volatility (6M) Calculated over the trailing 6-month period	17.91%	18.62%	-0.71%
Volatility (1Y) Calculated over the trailing 1-year period	23.82%	21.01%	+2.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.42%	23.88%	+34.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	110.20%	24.69%	+85.51%

Frequently Asked Questions

Can I hold both TRX-USD and ENEL.MI in my portfolio?

TRX-USD and ENEL.MI have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.