USDT-USD vs. GOOGL
Compare and contrast key facts about Tether (USDT-USD) and Alphabet Inc Class A (GOOGL).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USDT-USD or GOOGL.
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
Loading data...
Key characteristics
USDT-USD:
0.06
GOOGL:
-0.09
USDT-USD:
0.06
GOOGL:
0.08
USDT-USD:
1.01
GOOGL:
1.01
USDT-USD:
0.00
GOOGL:
-0.10
USDT-USD:
0.14
GOOGL:
-0.21
USDT-USD:
0.21%
GOOGL:
14.08%
USDT-USD:
0.61%
GOOGL:
31.38%
USDT-USD:
-49.72%
GOOGL:
-65.29%
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
0.23%
0.01%
-0.07%
0.09%
0.04%
-0.04%
0.00%
GOOGL
-9.63%
12.81%
2.17%
-2.66%
15.48%
19.43%
20.00%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
USDT-USD vs. GOOGL — Risk-Adjusted Performance Rank
USDT-USD
GOOGL
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.
Loading data...
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.
Loading data...
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.
Loading data...