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

Performance

USDT-USD vs. BNDX - Performance Comparison

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

-1.00%0.00%1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
0.13%
4.21%
USDT-USD
BNDX

Returns By Period

In the year-to-date period, USDT-USD achieves a 0.14% return, which is significantly lower than BNDX's 3.32% return.


USDT-USD

YTD

0.14%

1M

0.19%

6M

0.13%

1Y

0.10%

5Y (annualized)

-0.32%

10Y (annualized)

N/A

BNDX

YTD

3.32%

1M

0.42%

6M

4.21%

1Y

7.27%

5Y (annualized)

-0.01%

10Y (annualized)

2.00%

Key characteristics


USDT-USDBNDX
Sharpe Ratio0.201.76
Sortino Ratio0.302.67
Omega Ratio1.031.31
Calmar Ratio0.000.65
Martin Ratio1.086.37
Ulcer Index0.13%1.14%
Daily Std Dev0.62%4.12%
Max Drawdown-10.32%-16.23%
Current Drawdown-7.12%-4.30%

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Correlation

-0.50.00.51.00.0

The correlation between USDT-USD and BNDX is 0.03, 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.

Risk-Adjusted Performance

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

This table presents a comparison of risk-adjusted performance metrics for Tether (USDT-USD) and Vanguard Total International Bond ETF (BNDX). 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 USDT-USD, currently valued at 0.20, compared to the broader market0.001.002.000.201.67
The chart of Sortino ratio for USDT-USD, currently valued at 0.30, compared to the broader market-1.000.001.002.003.000.302.42
The chart of Omega ratio for USDT-USD, currently valued at 1.03, compared to the broader market0.901.001.101.201.301.401.031.28
The chart of Calmar ratio for USDT-USD, currently valued at 0.00, compared to the broader market0.501.001.502.000.000.11
The chart of Martin ratio for USDT-USD, currently valued at 1.08, compared to the broader market0.005.0010.001.088.92
USDT-USD
BNDX

The current USDT-USD Sharpe Ratio is 0.20, which is lower than the BNDX Sharpe Ratio of 1.76. The chart below compares the historical Sharpe Ratios of USDT-USD and BNDX, 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-0.500.000.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
0.20
1.67
USDT-USD
BNDX

Drawdowns

USDT-USD vs. BNDX - Drawdown Comparison

The maximum USDT-USD drawdown since its inception was -10.32%, smaller than the maximum BNDX drawdown of -16.23%. Use the drawdown chart below to compare losses from any high point for USDT-USD and BNDX. For additional features, visit the drawdowns tool.


-9.00%-8.00%-7.00%-6.00%-5.00%-4.00%JuneJulyAugustSeptemberOctoberNovember
-7.12%
-4.30%
USDT-USD
BNDX

Volatility

USDT-USD vs. BNDX - Volatility Comparison

The current volatility for Tether (USDT-USD) is 0.30%, while Vanguard Total International Bond ETF (BNDX) has a volatility of 0.82%. This indicates that USDT-USD experiences smaller price fluctuations and is considered to be less risky than BNDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.20%0.40%0.60%0.80%1.00%1.20%1.40%JuneJulyAugustSeptemberOctoberNovember
0.30%
0.82%
USDT-USD
BNDX