VET-USD vs. SOL-USD
VET-USD (VeChain) and SOL-USD (Solana) are both cryptocurrencies. Over the past 5 years, VET-USD returned -48.24%/yr vs 8.85%/yr for SOL-USD. A 0.63 correlation means they provide meaningful diversification when combined.
Performance
VET-USD vs. SOL-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 SOL-USD's -48.05% 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*
- —
SOL-USD
- 1D
- -6.02%
- 1M
- -27.48%
- YTD
- -48.05%
- 6M
- -51.51%
- 1Y
- -55.22%
- 3Y*
- 46.91%
- 5Y*
- 8.85%
- 10Y*
- —
VET-USD vs. SOL-USD - Yearly Performance Comparison
Correlation
The correlation between VET-USD and SOL-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 | 0.73 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Apr 11, 2020 | 0.63 |
Over the past year, VET-USD and SOL-USD have become more correlated (0.83) than their long-term average of 0.63, meaning their price movements have been converging.
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. SOL-USD — Risk / Return Rank
VET-USD
SOL-USD
VET-USD vs. SOL-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VeChain (VET-USD) and Solana (SOL-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 | SOL-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.28 | ||
| Sortino ratioReturn per unit of downside risk | -1.26 | ||
| Omega ratioGain probability vs. loss probability | 0.79 | 0.90 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | -0.75 | -0.20 |
| Martin ratioReturn relative to average drawdown | -1.47 | -1.22 | -0.25 |
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 | SOL-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.05 | -0.77 | -0.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.54 | 0.09 | -0.62 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.13 | 0.82 | -0.95 |
Drawdowns
VET-USD vs. SOL-USD - Drawdown Comparison
The maximum VET-USD drawdown since its inception was -98.12%, roughly equal to the maximum SOL-USD drawdown of -96.27%. Use the drawdown chart below to compare losses from any high point for VET-USD and SOL-USD.
Loading charts...
Drawdown Indicators
| VET-USD | SOL-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.12% | -96.27% | -1.85% |
Max Drawdown (1Y)Largest decline over 1 year | -83.16% | -73.89% | -9.27% |
Max Drawdown (3Y)Largest decline over 3 years | -93.89% | -75.32% | -18.57% |
Max Drawdown (5Y)Largest decline over 5 years | -97.28% | -96.27% | -1.01% |
Current DrawdownCurrent decline from peak | -98.12% | -75.32% | -22.80% |
Average DrawdownAverage peak-to-trough decline | -73.62% | -51.36% | -22.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 57.79% | 51.93% | +5.86% |
Volatility
VET-USD vs. SOL-USD - Volatility Comparison
VeChain (VET-USD) has a higher volatility of 19.36% compared to Solana (SOL-USD) at 15.17%. This indicates that VET-USD's price experiences larger fluctuations and is considered to be riskier than SOL-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VET-USD | SOL-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.36% | 15.17% | +4.19% |
Volatility (6M)Calculated over the trailing 6-month period | 49.33% | 45.73% | +3.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.42% | 60.01% | +2.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 74.89% | 82.59% | -7.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 90.78% | 99.84% | -9.06% |
Frequently Asked Questions
VET-USD and SOL-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.
VET-USD has higher volatility (19.36%) compared to SOL-USD (15.17%). In terms of maximum drawdown, VET-USD dropped -98.12% vs SOL-USD's -96.27%.
SOL-USD currently has the higher Sharpe Ratio (-0.77 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 SOL-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