USDT-USD vs. GOOGL
Compare and contrast key facts about Tether (USDT-USD) and Alphabet Inc. (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 0.04, 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
Key characteristics
USDT-USD:
-0.02
GOOGL:
0.81
USDT-USD:
-0.03
GOOGL:
1.28
USDT-USD:
1.00
GOOGL:
1.16
USDT-USD:
0.00
GOOGL:
1.04
USDT-USD:
-0.11
GOOGL:
2.52
USDT-USD:
0.17%
GOOGL:
9.16%
USDT-USD:
0.67%
GOOGL:
28.62%
USDT-USD:
-10.32%
GOOGL:
-65.29%
USDT-USD:
-7.28%
GOOGL:
-17.49%
Returns By Period
In the year-to-date period, USDT-USD achieves a 0.14% return, which is significantly higher than GOOGL's -10.05% return.
USDT-USD
0.14%
-0.07%
-0.04%
-0.12%
0.09%
N/A
GOOGL
-10.05%
-15.23%
4.48%
24.62%
19.85%
19.50%
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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. (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.
Drawdowns
USDT-USD vs. GOOGL - Drawdown Comparison
The maximum USDT-USD drawdown since its inception was -10.32%, 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.
Volatility
USDT-USD vs. GOOGL - Volatility Comparison
The current volatility for Tether (USDT-USD) is 0.30%, while Alphabet Inc. (GOOGL) has a volatility of 10.00%. 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.