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USD=X vs. XRP-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Key characteristics


USD=XXRP-USD
YTD Return0.00%-15.71%
1Y Return0.00%11.83%
3Y Return (Ann)0.00%-30.68%
5Y Return (Ann)0.00%11.22%
Daily Std Dev0.00%77.28%
Current Drawdown0.00%-84.65%

Correlation

-0.50.00.51.00.0

The correlation between USD=X and XRP-USD is 0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Performance

USD=X vs. XRP-USD - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%50.00%100.00%150.00%200.00%December2024FebruaryMarchAprilMay0
138.33%
USD=X
XRP-USD

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USD Cash

Ripple

Risk-Adjusted Performance

USD=X vs. XRP-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for USD Cash (USD=X) and Ripple (XRP-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.


USD=X
Sharpe ratio
No data
XRP-USD
Sharpe ratio
The chart of Sharpe ratio for XRP-USD, currently valued at -0.00, compared to the broader market-1.00-0.500.000.501.00-0.00
Sortino ratio
The chart of Sortino ratio for XRP-USD, currently valued at 0.42, compared to the broader market-1.00-0.500.000.501.001.500.42
Omega ratio
The chart of Omega ratio for XRP-USD, currently valued at 1.05, compared to the broader market0.901.001.101.201.05
Calmar ratio
The chart of Calmar ratio for XRP-USD, currently valued at 0.01, compared to the broader market-0.200.000.200.400.600.01
Martin ratio
The chart of Martin ratio for XRP-USD, currently valued at -0.00, compared to the broader market-1.000.001.002.003.00-0.00

USD=X vs. XRP-USD - Sharpe Ratio Comparison


Chart placeholderNot enough data

Drawdowns

USD=X vs. XRP-USD - Drawdown Comparison


-80.00%-60.00%-40.00%-20.00%0.00%December2024FebruaryMarchAprilMay0
-84.65%
USD=X
XRP-USD

Volatility

USD=X vs. XRP-USD - Volatility Comparison

The current volatility for USD Cash (USD=X) is 0.00%, while Ripple (XRP-USD) has a volatility of 21.25%. This indicates that USD=X experiences smaller price fluctuations and is considered to be less risky than XRP-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%25.00%30.00%December2024FebruaryMarchAprilMay0
21.25%
USD=X
XRP-USD