WISE.L vs. ETH-USD
Compare and contrast key facts about Wise plc (WISE.L) and Ethereum (ETH-USD).
Performance
WISE.L vs. ETH-USD - Performance Comparison
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WISE.L vs. ETH-USD - Yearly Performance Comparison
Different Trading Currencies
WISE.L is traded in GBp, while ETH-USD is traded in USD. To make them comparable, the ETH-USD values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, WISE.L achieves a 3.03% return, which is significantly higher than ETH-USD's -26.14% return.
WISE.L
- 1D
- 1.66%
- 1M
- 5.64%
- YTD
- 3.03%
- 6M
- -8.84%
- 1Y
- -5.75%
- 3Y*
- 19.07%
- 5Y*
- —
- 10Y*
- —
ETH-USD
- 1D
- 2.24%
- 1M
- 7.52%
- YTD
- -26.14%
- 6M
- -49.62%
- 1Y
- 10.31%
- 3Y*
- 3.26%
- 5Y*
- 1.05%
- 10Y*
- 69.77%
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Return for Risk
WISE.L vs. ETH-USD — Risk / Return Rank
WISE.L
ETH-USD
WISE.L vs. ETH-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wise plc (WISE.L) and Ethereum (ETH-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.
| WISE.L | ETH-USD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.17 | 0.14 | -0.31 |
Sortino ratioReturn per unit of downside risk | -0.03 | 0.75 | -0.78 |
Omega ratioGain probability vs. loss probability | 1.00 | 1.08 | -0.09 |
Calmar ratioReturn relative to maximum drawdown | -0.22 | -0.82 | +0.60 |
Martin ratioReturn relative to average drawdown | -0.40 | -1.43 | +1.03 |
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
| WISE.L | ETH-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.17 | 0.14 | -0.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.01 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.73 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.02 | 0.82 | -0.80 |
Correlation
The correlation between WISE.L and ETH-USD is 0.13, 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.
Drawdowns
WISE.L vs. ETH-USD - Drawdown Comparison
The maximum WISE.L drawdown since its inception was -74.14%, smaller than the maximum ETH-USD drawdown of -93.08%. Use the drawdown chart below to compare losses from any high point for WISE.L and ETH-USD.
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Drawdown Indicators
| WISE.L | ETH-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.14% | -94.01% | +19.87% |
Max Drawdown (1Y)Largest decline over 1 year | -30.17% | -62.26% | +32.09% |
Max Drawdown (5Y)Largest decline over 5 years | — | -79.35% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -94.01% | — |
Current DrawdownCurrent decline from peak | -20.86% | -55.38% | +34.52% |
Average DrawdownAverage peak-to-trough decline | -32.60% | -50.81% | +18.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.61% | 36.32% | -19.71% |
Volatility
WISE.L vs. ETH-USD - Volatility Comparison
The current volatility for Wise plc (WISE.L) is 6.88%, while Ethereum (ETH-USD) has a volatility of 17.44%. This indicates that WISE.L experiences smaller price fluctuations and is considered to be less risky than ETH-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WISE.L | ETH-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.88% | 17.44% | -10.56% |
Volatility (6M)Calculated over the trailing 6-month period | 23.32% | 51.17% | -27.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.14% | 61.65% | -28.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.40% | 62.33% | -20.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.40% | 79.79% | -38.39% |