VET-USD vs. TRX-USD
VET-USD (VeChain) and TRX-USD (Tronix) are both cryptocurrencies. Over the past 5 years, VET-USD returned -48.24%/yr vs 32.86%/yr for TRX-USD. A 0.59 correlation means they provide meaningful diversification when combined.
Performance
VET-USD vs. TRX-USD - Performance Comparison
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Returns By Period
In the year-to-date period, VET-USD achieves a -54.08% return, which is significantly lower than TRX-USD's 12.88% 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*
- —
TRX-USD
- 1D
- -3.46%
- 1M
- -7.38%
- YTD
- 12.88%
- 6M
- 12.29%
- 1Y
- 13.67%
- 3Y*
- 60.09%
- 5Y*
- 32.86%
- 10Y*
- —
VET-USD vs. TRX-USD - Yearly Performance Comparison
Correlation
The correlation between VET-USD and TRX-USD is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Aug 4, 2018 | 0.59 |
The correlation between VET-USD and TRX-USD shifts across timeframes, from 0.42 (1 year) to 0.59 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
VET-USD vs. TRX-USD — Risk / Return Rank
VET-USD
TRX-USD
VET-USD vs. TRX-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VeChain (VET-USD) and Tronix (TRX-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 | TRX-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.52 | ||
| Sortino ratioReturn per unit of downside risk | -3.11 | ||
| Omega ratioGain probability vs. loss probability | 0.79 | 1.09 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | 0.51 | -1.46 |
| Martin ratioReturn relative to average drawdown | -1.47 | 0.91 | -2.38 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VET-USD | TRX-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.05 | 0.46 | -1.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.54 | 0.47 | -1.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.13 | 0.59 | -0.72 |
Drawdowns
VET-USD vs. TRX-USD - Drawdown Comparison
The maximum VET-USD drawdown since its inception was -98.12%, roughly equal to the maximum TRX-USD drawdown of -95.89%. Use the drawdown chart below to compare losses from any high point for VET-USD and TRX-USD.
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Drawdown Indicators
| VET-USD | TRX-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.12% | -95.89% | -2.23% |
Max Drawdown (1Y)Largest decline over 1 year | -83.16% | -26.58% | -56.58% |
Max Drawdown (3Y)Largest decline over 3 years | -93.89% | -50.98% | -42.91% |
Max Drawdown (5Y)Largest decline over 5 years | -97.28% | -59.60% | -37.68% |
Current DrawdownCurrent decline from peak | -98.12% | -25.93% | -72.19% |
Average DrawdownAverage peak-to-trough decline | -73.62% | -62.57% | -11.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 57.79% | 13.58% | +44.21% |
Volatility
VET-USD vs. TRX-USD - Volatility Comparison
VeChain (VET-USD) has a higher volatility of 19.36% compared to Tronix (TRX-USD) at 8.41%. This indicates that VET-USD's price experiences larger fluctuations and is considered to be riskier than TRX-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VET-USD | TRX-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.36% | 8.41% | +10.95% |
Volatility (6M)Calculated over the trailing 6-month period | 49.33% | 18.04% | +31.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.42% | 24.53% | +37.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 74.89% | 58.59% | +16.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 90.78% | 110.35% | -19.57% |
Frequently Asked Questions
VET-USD and TRX-USD have a correlation of 0.42, 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 TRX-USD (8.41%). In terms of maximum drawdown, VET-USD dropped -98.12% vs TRX-USD's -95.89%.
TRX-USD currently has the higher Sharpe Ratio (0.46 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.
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