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

Correlation

The correlation between USDT-USD and ETH-USD is 0.06, 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.


Performance

USDT-USD vs. ETH-USD - Performance Comparison

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

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Key characteristics

Sharpe Ratio

USDT-USD:

0.06

ETH-USD:

-0.45

Sortino Ratio

USDT-USD:

0.06

ETH-USD:

0.83

Omega Ratio

USDT-USD:

1.01

ETH-USD:

1.09

Calmar Ratio

USDT-USD:

0.00

ETH-USD:

0.04

Martin Ratio

USDT-USD:

0.14

ETH-USD:

0.41

Ulcer Index

USDT-USD:

0.21%

ETH-USD:

32.49%

Daily Std Dev

USDT-USD:

0.61%

ETH-USD:

60.24%

Max Drawdown

USDT-USD:

-49.72%

ETH-USD:

-93.96%

Current Drawdown

USDT-USD:

-17.04%

ETH-USD:

-46.96%

Returns By Period

In the year-to-date period, USDT-USD achieves a 0.23% return, which is significantly higher than ETH-USD's -23.41% return.


USDT-USD

YTD

0.23%

1M

0.01%

6M

-0.07%

1Y

0.09%

3Y*

0.04%

5Y*

-0.04%

10Y*

0.00%

ETH-USD

YTD

-23.41%

1M

45.24%

6M

-24.06%

1Y

-31.70%

3Y*

7.70%

5Y*

65.24%

10Y*

N/A

*Annualized

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Tether

Ethereum

Risk-Adjusted Performance

USDT-USD vs. ETH-USD — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

USDT-USD
The Risk-Adjusted Performance Rank of USDT-USD is 3131
Overall Rank
The Sharpe Ratio Rank of USDT-USD is 7575
Sharpe Ratio Rank
The Sortino Ratio Rank of USDT-USD is 1717
Sortino Ratio Rank
The Omega Ratio Rank of USDT-USD is 1515
Omega Ratio Rank
The Calmar Ratio Rank of USDT-USD is 22
Calmar Ratio Rank
The Martin Ratio Rank of USDT-USD is 4646
Martin Ratio Rank

ETH-USD
The Risk-Adjusted Performance Rank of ETH-USD is 4747
Overall Rank
The Sharpe Ratio Rank of ETH-USD is 4040
Sharpe Ratio Rank
The Sortino Ratio Rank of ETH-USD is 4444
Sortino Ratio Rank
The Omega Ratio Rank of ETH-USD is 4545
Omega Ratio Rank
The Calmar Ratio Rank of ETH-USD is 5151
Calmar Ratio Rank
The Martin Ratio Rank of ETH-USD is 5353
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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

This table presents a comparison of risk-adjusted performance metrics for Tether (USDT-USD) and Ethereum (ETH-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.


The current USDT-USD Sharpe Ratio is 0.06, which is higher than the ETH-USD Sharpe Ratio of -0.45. The chart below compares the historical Sharpe Ratios of USDT-USD and ETH-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.


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Drawdowns

USDT-USD vs. ETH-USD - Drawdown Comparison

The maximum USDT-USD drawdown since its inception was -49.72%, smaller than the maximum ETH-USD drawdown of -93.96%. Use the drawdown chart below to compare losses from any high point for USDT-USD and ETH-USD. For additional features, visit the drawdowns tool.


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Volatility

USDT-USD vs. ETH-USD - Volatility Comparison

The current volatility for Tether (USDT-USD) is 0.08%, while Ethereum (ETH-USD) has a volatility of 26.14%. This indicates that USDT-USD experiences smaller price fluctuations and is considered to be less risky than ETH-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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