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

Correlation

The correlation between USDT-USD and GOOGL 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. GOOGL - Performance Comparison

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

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Key characteristics

Sharpe Ratio

USDT-USD:

0.06

GOOGL:

-0.09

Sortino Ratio

USDT-USD:

0.06

GOOGL:

0.08

Omega Ratio

USDT-USD:

1.01

GOOGL:

1.01

Calmar Ratio

USDT-USD:

0.00

GOOGL:

-0.10

Martin Ratio

USDT-USD:

0.14

GOOGL:

-0.21

Ulcer Index

USDT-USD:

0.21%

GOOGL:

14.08%

Daily Std Dev

USDT-USD:

0.61%

GOOGL:

31.38%

Max Drawdown

USDT-USD:

-49.72%

GOOGL:

-65.29%

Current Drawdown

USDT-USD:

-17.04%

GOOGL:

-17.11%

Returns By Period

In the year-to-date period, USDT-USD achieves a 0.23% return, which is significantly higher than GOOGL's -9.63% return.


USDT-USD

YTD

0.23%

1M

0.01%

6M

-0.07%

1Y

0.09%

3Y*

0.04%

5Y*

-0.04%

10Y*

0.00%

GOOGL

YTD

-9.63%

1M

12.81%

6M

2.17%

1Y

-2.66%

3Y*

15.48%

5Y*

19.43%

10Y*

20.00%

*Annualized

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Tether

Alphabet Inc Class A

Risk-Adjusted Performance

USDT-USD vs. GOOGL — 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

GOOGL
The Risk-Adjusted Performance Rank of GOOGL is 4444
Overall Rank
The Sharpe Ratio Rank of GOOGL is 4848
Sharpe Ratio Rank
The Sortino Ratio Rank of GOOGL is 3939
Sortino Ratio Rank
The Omega Ratio Rank of GOOGL is 3939
Omega Ratio Rank
The Calmar Ratio Rank of GOOGL is 4646
Calmar Ratio Rank
The Martin Ratio Rank of GOOGL is 4747
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. GOOGL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Tether (USDT-USD) and Alphabet Inc Class A (GOOGL). 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 GOOGL Sharpe Ratio of -0.09. The chart below compares the historical Sharpe Ratios of USDT-USD and GOOGL, 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. GOOGL - Drawdown Comparison

The maximum USDT-USD drawdown since its inception was -49.72%, smaller than the maximum GOOGL drawdown of -65.29%. Use the drawdown chart below to compare losses from any high point for USDT-USD and GOOGL. For additional features, visit the drawdowns tool.


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Volatility

USDT-USD vs. GOOGL - Volatility Comparison

The current volatility for Tether (USDT-USD) is 0.08%, while Alphabet Inc Class A (GOOGL) has a volatility of 10.97%. This indicates that USDT-USD experiences smaller price fluctuations and is considered to be less risky than GOOGL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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