TRX-USD vs. LINK-USD
Compare and contrast key facts about Tronix (TRX-USD) and ChainLink (LINK-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRX-USD or LINK-USD.
Correlation
The correlation between TRX-USD and LINK-USD is 0.16, 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
TRX-USD vs. LINK-USD - Performance Comparison
Key characteristics
TRX-USD:
1.17
LINK-USD:
0.67
TRX-USD:
3.25
LINK-USD:
1.63
TRX-USD:
1.41
LINK-USD:
1.16
TRX-USD:
1.67
LINK-USD:
0.38
TRX-USD:
4.71
LINK-USD:
2.32
TRX-USD:
32.00%
LINK-USD:
30.22%
TRX-USD:
89.50%
LINK-USD:
81.27%
TRX-USD:
-96.01%
LINK-USD:
-90.17%
TRX-USD:
-42.20%
LINK-USD:
-71.20%
Returns By Period
In the year-to-date period, TRX-USD achieves a -3.13% return, which is significantly higher than LINK-USD's -24.98% return.
TRX-USD
-3.13%
8.34%
49.62%
117.48%
77.45%
N/A
LINK-USD
-24.98%
-2.91%
29.46%
3.22%
31.43%
N/A
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Risk-Adjusted Performance
TRX-USD vs. LINK-USD — Risk-Adjusted Performance Rank
TRX-USD
LINK-USD
TRX-USD vs. LINK-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tronix (TRX-USD) and ChainLink (LINK-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.
Drawdowns
TRX-USD vs. LINK-USD - Drawdown Comparison
The maximum TRX-USD drawdown since its inception was -96.01%, which is greater than LINK-USD's maximum drawdown of -90.17%. Use the drawdown chart below to compare losses from any high point for TRX-USD and LINK-USD. For additional features, visit the drawdowns tool.
Volatility
TRX-USD vs. LINK-USD - Volatility Comparison
The current volatility for Tronix (TRX-USD) is 9.36%, while ChainLink (LINK-USD) has a volatility of 29.01%. This indicates that TRX-USD experiences smaller price fluctuations and is considered to be less risky than LINK-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.