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

Correlation

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.


-0.50.00.51.00.0

Performance

USD=X vs. XRP-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in USD Cash (USD=X) and Ripple (XRP-USD). The values are adjusted to include any dividend payments, if applicable.

0.00%100.00%200.00%300.00%400.00%500.00%JulyAugustSeptemberOctoberNovemberDecember0
367.89%
USD=X
XRP-USD

Key characteristics

Ulcer Index

USD=X:

0.00%

XRP-USD:

11.23%

Daily Std Dev

USD=X:

0.00%

XRP-USD:

69.43%

Max Drawdown

USD=X:

0.00%

XRP-USD:

-95.87%

Current Drawdown

USD=X:

0.00%

XRP-USD:

-32.59%

Returns By Period


USD=X

YTD

0.00%

1M

0.00%

6M

0.00%

1Y

0.00%

5Y*

0.00%

10Y*

0.00%

XRP-USD

YTD

270.26%

1M

82.10%

6M

367.90%

1Y

264.07%

5Y*

64.21%

10Y*

N/A

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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.


Sharpe ratio
No data
USD=X
XRP-USD


Rolling 12-month Sharpe Ratio0.002.004.006.008.00JulyAugustSeptemberOctoberNovemberDecember
7.62
USD=X
XRP-USD

Drawdowns

USD=X vs. XRP-USD - Drawdown Comparison

The maximum USD=X drawdown since its inception was 0.00%, smaller than the maximum XRP-USD drawdown of -95.87%. Use the drawdown chart below to compare losses from any high point for USD=X and XRP-USD. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember0
-32.59%
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 43.29%. 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%10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember0
43.29%
USD=X
XRP-USD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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