Correlation
The correlation between VET-USD and NEAR-USD is 0.33, 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.
VET-USD vs. NEAR-USD
Compare and contrast key facts about VeChain (VET-USD) and NEAR Protocol (NEAR-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VET-USD or NEAR-USD.
Performance
VET-USD vs. NEAR-USD - Performance Comparison
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Key characteristics
VET-USD:
-0.29
NEAR-USD:
-0.67
VET-USD:
0.89
NEAR-USD:
-0.44
VET-USD:
1.09
NEAR-USD:
0.96
VET-USD:
0.00
NEAR-USD:
0.00
VET-USD:
0.00
NEAR-USD:
-1.18
VET-USD:
48.28%
NEAR-USD:
48.33%
VET-USD:
86.03%
NEAR-USD:
82.82%
VET-USD:
-99.97%
NEAR-USD:
-95.12%
VET-USD:
-99.71%
NEAR-USD:
-87.90%
Returns By Period
In the year-to-date period, VET-USD achieves a -44.48% return, which is significantly higher than NEAR-USD's -50.13% return.
VET-USD
-44.48%
-12.03%
-47.94%
-29.58%
-9.97%
30.70%
N/A
NEAR-USD
-50.13%
-3.77%
-65.10%
-66.27%
-25.61%
N/A
N/A
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Risk-Adjusted Performance
VET-USD vs. NEAR-USD — Risk-Adjusted Performance Rank
VET-USD
NEAR-USD
VET-USD vs. NEAR-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VeChain (VET-USD) and NEAR Protocol (NEAR-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.
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Drawdowns
VET-USD vs. NEAR-USD - Drawdown Comparison
The maximum VET-USD drawdown since its inception was -99.97%, which is greater than NEAR-USD's maximum drawdown of -95.12%. Use the drawdown chart below to compare losses from any high point for VET-USD and NEAR-USD.
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Volatility
VET-USD vs. NEAR-USD - Volatility Comparison
The current volatility for VeChain (VET-USD) is 26.10%, while NEAR Protocol (NEAR-USD) has a volatility of 33.86%. This indicates that VET-USD experiences smaller price fluctuations and is considered to be less risky than NEAR-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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