TRX-USD vs. LTC-USD
TRX-USD (Tronix) and LTC-USD (Litecoin) are both cryptocurrencies. Over the past 5 years, TRX-USD returned 32.86%/yr vs -24.30%/yr for LTC-USD. A 0.58 correlation means they provide meaningful diversification when combined.
Performance
TRX-USD vs. LTC-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TRX-USD achieves a 12.88% return, which is significantly higher than LTC-USD's -42.85% return.
TRX-USD
- 1D
- -3.46%
- 1M
- -7.38%
- YTD
- 12.88%
- 6M
- 12.29%
- 1Y
- 13.67%
- 3Y*
- 60.09%
- 5Y*
- 32.86%
- 10Y*
- —
LTC-USD
- 1D
- -3.84%
- 1M
- -22.72%
- YTD
- -42.85%
- 6M
- -45.47%
- 1Y
- -47.57%
- 3Y*
- -21.58%
- 5Y*
- -24.30%
- 10Y*
- 24.84%
TRX-USD vs. LTC-USD - Yearly Performance Comparison
Correlation
The correlation between TRX-USD and LTC-USD is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2017 | 0.58 |
Over the past year, the correlation between TRX-USD and LTC-USD has dropped to 0.37 - well below their long-term average of 0.58, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TRX-USD vs. LTC-USD — Risk / Return Rank
TRX-USD
LTC-USD
TRX-USD vs. LTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tronix (TRX-USD) and Litecoin (LTC-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.
| TRX-USD | LTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.21 | ||
| Sortino ratioReturn per unit of downside risk | +1.75 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 0.90 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.51 | -0.72 | +1.23 |
| Martin ratioReturn relative to average drawdown | 0.91 | -1.18 | +2.10 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| TRX-USD | LTC-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.46 | -0.74 | +1.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | -0.31 | +0.78 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.24 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 0.19 | +0.41 |
Drawdowns
TRX-USD vs. LTC-USD - Drawdown Comparison
The maximum TRX-USD drawdown since its inception was -95.89%, roughly equal to the maximum LTC-USD drawdown of -97.59%. Use the drawdown chart below to compare losses from any high point for TRX-USD and LTC-USD.
Loading charts...
Drawdown Indicators
| TRX-USD | LTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.89% | -97.59% | +1.70% |
Max Drawdown (1Y)Largest decline over 1 year | -26.58% | -66.51% | +39.93% |
Max Drawdown (3Y)Largest decline over 3 years | -50.98% | -68.02% | +17.04% |
Max Drawdown (5Y)Largest decline over 5 years | -59.60% | -84.45% | +24.85% |
Max Drawdown (10Y)Largest decline over 10 years | — | -93.64% | — |
Current DrawdownCurrent decline from peak | -25.93% | -88.71% | +62.78% |
Average DrawdownAverage peak-to-trough decline | -62.57% | -75.63% | +13.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.58% | 45.97% | -32.39% |
Volatility
TRX-USD vs. LTC-USD - Volatility Comparison
The current volatility for Tronix (TRX-USD) is 8.41%, while Litecoin (LTC-USD) has a volatility of 12.66%. This indicates that TRX-USD experiences smaller price fluctuations and is considered to be less risky than LTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TRX-USD | LTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.41% | 12.66% | -4.25% |
Volatility (6M)Calculated over the trailing 6-month period | 18.04% | 35.95% | -17.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.53% | 53.23% | -28.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.59% | 64.65% | -6.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 110.35% | 85.62% | +24.73% |
Frequently Asked Questions
TRX-USD and LTC-USD have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LTC-USD has higher volatility (12.66%) compared to TRX-USD (8.41%). In terms of maximum drawdown, TRX-USD dropped -95.89% vs LTC-USD's -97.59%.
TRX-USD currently has the higher Sharpe Ratio (0.46 vs -0.74), 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.
Find the right allocation for TRX-USD and LTC-USD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer