VET-USD vs. ALGO-USD
VET-USD (VeChain) and ALGO-USD (Algorand) are both cryptocurrencies. Over the past 5 years, VET-USD returned -48.24%/yr vs -37.87%/yr for ALGO-USD. A 0.72 correlation means they provide meaningful diversification when combined.
Performance
VET-USD vs. ALGO-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VET-USD achieves a -54.08% return, which is significantly lower than ALGO-USD's -13.96% return.
VET-USD
- 1D
- -10.49%
- 1M
- -38.08%
- YTD
- -54.08%
- 6M
- -62.12%
- 1Y
- -78.89%
- 3Y*
- -36.75%
- 5Y*
- -48.24%
- 10Y*
- —
ALGO-USD
- 1D
- -5.48%
- 1M
- -20.85%
- YTD
- -13.96%
- 6M
- -28.54%
- 1Y
- -47.57%
- 3Y*
- -11.58%
- 5Y*
- -37.87%
- 10Y*
- —
VET-USD vs. ALGO-USD - Yearly Performance Comparison
Correlation
The correlation between VET-USD and ALGO-USD is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2019 | 0.72 |
The correlation between VET-USD and ALGO-USD shifts across timeframes, from 0.72 (all time) to 0.83 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VET-USD vs. ALGO-USD — Risk / Return Rank
VET-USD
ALGO-USD
VET-USD vs. ALGO-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VeChain (VET-USD) and Algorand (ALGO-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.
| VET-USD | ALGO-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.49 | ||
| Sortino ratioReturn per unit of downside risk | -1.77 | ||
| Omega ratioGain probability vs. loss probability | 0.79 | 0.95 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | -0.64 | -0.31 |
| Martin ratioReturn relative to average drawdown | -1.47 | -0.92 | -0.55 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| VET-USD | ALGO-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.05 | -0.57 | -0.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.54 | -0.39 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.13 | -0.35 | +0.23 |
Drawdowns
VET-USD vs. ALGO-USD - Drawdown Comparison
The maximum VET-USD drawdown since its inception was -98.12%, roughly equal to the maximum ALGO-USD drawdown of -97.47%. Use the drawdown chart below to compare losses from any high point for VET-USD and ALGO-USD.
Loading charts...
Drawdown Indicators
| VET-USD | ALGO-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.12% | -97.47% | -0.65% |
Max Drawdown (1Y)Largest decline over 1 year | -83.16% | -74.55% | -8.61% |
Max Drawdown (3Y)Largest decline over 3 years | -93.89% | -84.09% | -9.80% |
Max Drawdown (5Y)Largest decline over 5 years | -97.28% | -96.59% | -0.69% |
Current DrawdownCurrent decline from peak | -98.12% | -97.05% | -1.07% |
Average DrawdownAverage peak-to-trough decline | -73.62% | -86.75% | +13.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 57.79% | 47.00% | +10.79% |
Volatility
VET-USD vs. ALGO-USD - Volatility Comparison
The current volatility for VeChain (VET-USD) is 19.36%, while Algorand (ALGO-USD) has a volatility of 22.62%. This indicates that VET-USD experiences smaller price fluctuations and is considered to be less risky than ALGO-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VET-USD | ALGO-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.36% | 22.62% | -3.26% |
Volatility (6M)Calculated over the trailing 6-month period | 49.33% | 55.10% | -5.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.42% | 69.93% | -7.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 74.89% | 80.34% | -5.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 90.78% | 93.47% | -2.69% |
Frequently Asked Questions
VET-USD and ALGO-USD have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALGO-USD has higher volatility (22.62%) compared to VET-USD (19.36%). In terms of maximum drawdown, VET-USD dropped -98.12% vs ALGO-USD's -97.47%.
ALGO-USD currently has the higher Sharpe Ratio (-0.57 vs -1.05), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for VET-USD and ALGO-USD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer