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

Correlation

The correlation between USDT-USD and USDC-USD is 0.12, 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.


-0.50.00.51.00.1

Performance

USDT-USD vs. USDC-USD - Performance Comparison

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

-0.10%0.00%0.10%0.20%0.30%JulyAugustSeptemberOctoberNovemberDecember
0.02%
0
USDT-USD
USDC-USD

Key characteristics

Sharpe Ratio

USDT-USD:

-0.18

USDC-USD:

0.04

Sortino Ratio

USDT-USD:

-0.26

USDC-USD:

0.06

Omega Ratio

USDT-USD:

0.98

USDC-USD:

1.01

Calmar Ratio

USDT-USD:

0.00

USDC-USD:

0.00

Martin Ratio

USDT-USD:

-0.93

USDC-USD:

0.22

Ulcer Index

USDT-USD:

0.14%

USDC-USD:

0.05%

Daily Std Dev

USDT-USD:

0.64%

USDC-USD:

0.23%

Max Drawdown

USDT-USD:

-10.32%

USDC-USD:

-19.18%

Current Drawdown

USDT-USD:

-7.27%

USDC-USD:

-3.40%

Returns By Period


USDT-USD

YTD

-0.02%

1M

-0.15%

6M

0.00%

1Y

-0.14%

5Y*

-0.25%

10Y*

N/A

USDC-USD

YTD

0.00%

1M

0.01%

6M

0.00%

1Y

-0.02%

5Y*

-0.08%

10Y*

N/A

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Risk-Adjusted Performance

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

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


Sharpe ratio
The chart of Sharpe ratio for USDT-USD, currently valued at -0.18, compared to the broader market0.002.004.006.00-0.180.04
The chart of Sortino ratio for USDT-USD, currently valued at -0.26, compared to the broader market-1.000.001.002.003.004.005.00-0.260.06
The chart of Omega ratio for USDT-USD, currently valued at 0.98, compared to the broader market1.001.201.400.981.01
The chart of Calmar ratio for USDT-USD, currently valued at 0.00, compared to the broader market1.002.003.004.005.006.000.00
The chart of Martin ratio for USDT-USD, currently valued at -0.93, compared to the broader market0.0010.0020.0030.0040.0050.0060.00-0.930.22
USDT-USD
USDC-USD

The current USDT-USD Sharpe Ratio is -0.18, which is lower than the USDC-USD Sharpe Ratio of 0.04. The chart below compares the historical Sharpe Ratios of USDT-USD and USDC-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.


Rolling 12-month Sharpe Ratio-0.40-0.200.000.200.40JulyAugustSeptemberOctoberNovemberDecember
-0.18
0.04
USDT-USD
USDC-USD

Drawdowns

USDT-USD vs. USDC-USD - Drawdown Comparison

The maximum USDT-USD drawdown since its inception was -10.32%, smaller than the maximum USDC-USD drawdown of -19.18%. Use the drawdown chart below to compare losses from any high point for USDT-USD and USDC-USD. For additional features, visit the drawdowns tool.


-5.00%-4.50%-4.00%-3.50%JulyAugustSeptemberOctoberNovemberDecember
-5.13%
-3.40%
USDT-USD
USDC-USD

Volatility

USDT-USD vs. USDC-USD - Volatility Comparison

Tether (USDT-USD) has a higher volatility of 0.28% compared to USDCoin (USDC-USD) at 0.10%. This indicates that USDT-USD's price experiences larger fluctuations and is considered to be riskier than USDC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.05%0.10%0.15%0.20%0.25%0.30%JulyAugustSeptemberOctoberNovemberDecember
0.28%
0.10%
USDT-USD
USDC-USD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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