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USDT-USD vs. ^GSPC
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between USDT-USD and ^GSPC is 0.05, 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. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tether (USDT-USD) and S&P 500 (^GSPC). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

USDT-USD:

0.05

^GSPC:

0.61

Sortino Ratio

USDT-USD:

0.05

^GSPC:

1.00

Omega Ratio

USDT-USD:

1.01

^GSPC:

1.15

Calmar Ratio

USDT-USD:

0.00

^GSPC:

0.64

Martin Ratio

USDT-USD:

0.11

^GSPC:

2.45

Ulcer Index

USDT-USD:

0.21%

^GSPC:

4.96%

Daily Std Dev

USDT-USD:

0.61%

^GSPC:

19.62%

Max Drawdown

USDT-USD:

-49.72%

^GSPC:

-56.78%

Current Drawdown

USDT-USD:

-17.04%

^GSPC:

-3.32%

Returns By Period

In the year-to-date period, USDT-USD achieves a 0.22% return, which is significantly lower than ^GSPC's 1.00% return.


USDT-USD

YTD

0.22%

1M

0.04%

6M

-0.10%

1Y

0.02%

3Y*

0.05%

5Y*

0.03%

10Y*

0.00%

^GSPC

YTD

1.00%

1M

12.45%

6M

0.40%

1Y

11.91%

3Y*

15.05%

5Y*

15.04%

10Y*

10.82%

*Annualized

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Tether

S&P 500

Risk-Adjusted Performance

USDT-USD vs. ^GSPC — 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 3030
Overall Rank
The Sharpe Ratio Rank of USDT-USD is 7373
Sharpe Ratio Rank
The Sortino Ratio Rank of USDT-USD is 1717
Sortino Ratio Rank
The Omega Ratio Rank of USDT-USD is 1616
Omega Ratio Rank
The Calmar Ratio Rank of USDT-USD is 22
Calmar Ratio Rank
The Martin Ratio Rank of USDT-USD is 4141
Martin Ratio Rank

^GSPC
The Risk-Adjusted Performance Rank of ^GSPC is 6565
Overall Rank
The Sharpe Ratio Rank of ^GSPC is 6464
Sharpe Ratio Rank
The Sortino Ratio Rank of ^GSPC is 6060
Sortino Ratio Rank
The Omega Ratio Rank of ^GSPC is 6666
Omega Ratio Rank
The Calmar Ratio Rank of ^GSPC is 6464
Calmar Ratio Rank
The Martin Ratio Rank of ^GSPC is 7373
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. ^GSPC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Tether (USDT-USD) and S&P 500 (^GSPC). 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 0.05, which is lower than the ^GSPC Sharpe Ratio of 0.61. The chart below compares the historical Sharpe Ratios of USDT-USD and ^GSPC, 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. ^GSPC - Drawdown Comparison

The maximum USDT-USD drawdown since its inception was -49.72%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for USDT-USD and ^GSPC. For additional features, visit the drawdowns tool.


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Volatility

USDT-USD vs. ^GSPC - Volatility Comparison

The current volatility for Tether (USDT-USD) is 0.08%, while S&P 500 (^GSPC) has a volatility of 4.58%. This indicates that USDT-USD experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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