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USDC-USD vs. USDT-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between USDC-USD and USDT-USD is 0.12, 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.


-0.50.00.51.00.1

Performance

USDC-USD vs. USDT-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in USDCoin (USDC-USD) and Tether (USDT-USD). The values are adjusted to include any dividend payments, if applicable.

0.00%0.10%0.20%0.30%0.40%JulyAugustSeptemberOctoberNovemberDecember
0.02%
0.07%
USDC-USD
USDT-USD

Key characteristics

Sharpe Ratio

USDC-USD:

0.00

USDT-USD:

-0.21

Sortino Ratio

USDC-USD:

0.01

USDT-USD:

-0.30

Omega Ratio

USDC-USD:

1.00

USDT-USD:

0.97

Calmar Ratio

USDC-USD:

0.00

USDT-USD:

0.00

Martin Ratio

USDC-USD:

0.02

USDT-USD:

-1.37

Ulcer Index

USDC-USD:

0.05%

USDT-USD:

0.11%

Daily Std Dev

USDC-USD:

0.23%

USDT-USD:

0.64%

Max Drawdown

USDC-USD:

-19.18%

USDT-USD:

-10.32%

Current Drawdown

USDC-USD:

-3.41%

USDT-USD:

-7.29%

Returns By Period

In the year-to-date period, USDC-USD achieves a -0.01% return, which is significantly higher than USDT-USD's -0.04% return.


USDC-USD

YTD

-0.01%

1M

0.02%

6M

0.00%

1Y

-0.04%

5Y*

-0.10%

10Y*

N/A

USDT-USD

YTD

-0.04%

1M

-0.16%

6M

-0.05%

1Y

-0.13%

5Y*

-0.09%

10Y*

N/A

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Risk-Adjusted Performance

USDC-USD vs. USDT-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for USDCoin (USDC-USD) and Tether (USDT-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
The chart of Sharpe ratio for USDC-USD, currently valued at 0.00, compared to the broader market0.002.004.006.000.00-0.21
The chart of Sortino ratio for USDC-USD, currently valued at 0.01, compared to the broader market0.002.004.000.01-0.30
The chart of Omega ratio for USDC-USD, currently valued at 1.00, compared to the broader market1.001.201.401.601.000.97
The chart of Calmar ratio for USDC-USD, currently valued at 0.00, compared to the broader market1.002.003.004.005.006.000.000.00
The chart of Martin ratio for USDC-USD, currently valued at 0.02, compared to the broader market0.0010.0020.0030.0040.0050.0060.000.02-1.37
USDC-USD
USDT-USD

The current USDC-USD Sharpe Ratio is 0.00, which is higher than the USDT-USD Sharpe Ratio of -0.21. The chart below compares the historical Sharpe Ratios of USDC-USD and USDT-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.40-0.200.000.200.40JulyAugustSeptemberOctoberNovemberDecember
0.00
-0.21
USDC-USD
USDT-USD

Drawdowns

USDC-USD vs. USDT-USD - Drawdown Comparison

The maximum USDC-USD drawdown since its inception was -19.18%, which is greater than USDT-USD's maximum drawdown of -10.32%. Use the drawdown chart below to compare losses from any high point for USDC-USD and USDT-USD. For additional features, visit the drawdowns tool.


-5.00%-4.50%-4.00%-3.50%JulyAugustSeptemberOctoberNovemberDecember
-3.41%
-5.15%
USDC-USD
USDT-USD

Volatility

USDC-USD vs. USDT-USD - Volatility Comparison

The current volatility for USDCoin (USDC-USD) is 0.10%, while Tether (USDT-USD) has a volatility of 0.30%. This indicates that USDC-USD experiences smaller price fluctuations and is considered to be less risky than USDT-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.05%0.10%0.15%0.20%0.25%0.30%JulyAugustSeptemberOctoberNovemberDecember
0.10%
0.30%
USDC-USD
USDT-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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