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 0.03, 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.
Performance
USDT-USD vs. GOOGL - Performance Comparison
Key characteristics
USDT-USD:
-0.18
GOOGL:
1.40
USDT-USD:
-0.26
GOOGL:
1.95
USDT-USD:
0.98
GOOGL:
1.26
USDT-USD:
0.00
GOOGL:
1.77
USDT-USD:
-0.93
GOOGL:
4.28
USDT-USD:
0.14%
GOOGL:
9.14%
USDT-USD:
0.64%
GOOGL:
28.03%
USDT-USD:
-10.32%
GOOGL:
-65.29%
USDT-USD:
-7.27%
GOOGL:
-1.03%
Returns By Period
In the year-to-date period, USDT-USD achieves a -0.02% return, which is significantly lower than GOOGL's 39.84% return.
USDT-USD
-0.02%
-0.15%
0.00%
-0.14%
-0.25%
N/A
GOOGL
39.84%
18.26%
8.87%
38.06%
23.84%
21.91%
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 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 0.20%, while Alphabet Inc. (GOOGL) has a volatility of 9.86%. 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.