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XAGUSD=X vs. XMR-USD
Performance
Return for Risk
Drawdowns
Volatility

Performance

XAGUSD=X vs. XMR-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Silver Spot Price US Dollar (XAGUSD=X) and Monero (XMR-USD). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, XAGUSD=X achieves a -19.64% return, which is significantly lower than XMR-USD's -16.04% return. Over the past 10 years, XAGUSD=X has underperformed XMR-USD with an annualized return of 10.84%, while XMR-USD has yielded a comparatively higher 72.38% annualized return.


XAGUSD=X

1D
-2.08%
1M
-5.17%
6M
-31.75%
YTD
-19.64%
1Y
55.74%
3Y*
33.40%
5Y*
17.74%
10Y*
10.84%
ALL TIME*
8.55%

XMR-USD

1D
1.63%
1M
14.69%
6M
-21.73%
YTD
-16.04%
1Y
22.59%
3Y*
31.50%
5Y*
9.34%
10Y*
72.38%
ALL TIME*
50.55%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$33.38M$38.52M$59.63M

XMR-USD

Monero
$33.42B$32.51B$45.25B

XAGUSD=X vs. XMR-USD - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
XAGUSD=X
Silver Spot Price US Dollar
-19.64%148.50%21.59%-0.79%2.85%-11.48%47.14%15.71%-8.76%6.61%
XMR-USD
Monero
-16.04%124.37%16.94%12.32%-35.78%46.22%252.56%-2.31%-86.51%2,339.73%

Correlation

The correlation between XAGUSD=X and XMR-USD is 0.08, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.08

Correlation (3Y)
Balances recent behavior with more history.

0.12

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.14

Correlation (10Y)
Provides a long-term view across more market conditions.

0.10

Correlation (All Time)
Calculated using the full available price history since May 20, 2014

0.09

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Return for Risk

XAGUSD=X vs. XMR-USD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

XAGUSD=X
XAGUSD=X Risk / Return Rank: 8585
Overall Rank
XAGUSD=X Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
XAGUSD=X Sortino Ratio Rank: 8686
Sortino Ratio Rank
XAGUSD=X Omega Ratio Rank: 9191
Omega Ratio Rank
XAGUSD=X Calmar Ratio Rank: 8383
Calmar Ratio Rank
XAGUSD=X Martin Ratio Rank: 8181
Martin Ratio Rank

XMR-USD
XMR-USD Risk / Return Rank: 9393
Overall Rank
XMR-USD Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
XMR-USD Sortino Ratio Rank: 9292
Sortino Ratio Rank
XMR-USD Omega Ratio Rank: 9292
Omega Ratio Rank
XMR-USD Calmar Ratio Rank: 9494
Calmar Ratio Rank
XMR-USD Martin Ratio Rank: 9393
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

XAGUSD=X vs. XMR-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Silver Spot Price US Dollar (XAGUSD=X) and Monero (XMR-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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


XAGUSD=XXMR-USDDifference
Sharpe ratioReturn per unit of total volatility

+0.51

Sortino ratioReturn per unit of downside risk

+0.27

Omega ratioGain probability vs. loss probability

1.20

1.11

+0.09

Calmar ratioReturn relative to maximum drawdown

0.83

0.38

+0.45

Martin ratioReturn relative to average drawdown

1.60

0.61

+0.99

XAGUSD=X vs. XMR-USD - Sharpe Ratio Comparison

The current XAGUSD=X Sharpe Ratio is 0.78, which is higher than the XMR-USD Sharpe Ratio of 0.27. The chart below compares the historical Sharpe Ratios of XAGUSD=X and XMR-USD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

XAGUSD=X vs. XMR-USD - Drawdown Comparison

The maximum XAGUSD=X drawdown since its inception was -75.36%, smaller than the maximum XMR-USD drawdown of -95.68%. Use the drawdown chart below to compare losses from any high point for XAGUSD=X and XMR-USD.


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Drawdown Indicators


XAGUSD=XXMR-USDDifference

Max Drawdown

Largest peak-to-trough decline

-75.36%

-95.68%

+20.32%

Max Drawdown (1Y)

Largest decline over 1 year

-52.52%

-58.97%

+6.45%

Max Drawdown (3Y)

Largest decline over 3 years

-52.52%

-58.97%

+6.45%

Max Drawdown (5Y)

Largest decline over 5 years

-52.52%

-67.28%

+14.76%

Max Drawdown (10Y)

Largest decline over 10 years

-52.52%

-93.09%

+40.57%

Current Drawdown

Current decline from peak

-50.56%

-48.87%

-1.69%

Average Drawdown

Average peak-to-trough decline

-45.05%

-62.43%

+17.38%

Ulcer Index

Depth and duration of drawdowns from previous peaks

30.55%

44.11%

-13.56%

Volatility

XAGUSD=X vs. XMR-USD - Volatility Comparison

The current volatility for Silver Spot Price US Dollar (XAGUSD=X) is 10.54%, while Monero (XMR-USD) has a volatility of 11.99%. This indicates that XAGUSD=X experiences smaller price fluctuations and is considered to be less risky than XMR-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


XAGUSD=XXMR-USDDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.54%

11.99%

-1.45%

Volatility (6M)

Calculated over the trailing 6-month period

33.44%

58.91%

-25.47%

Volatility (1Y)

Calculated over the trailing 1-year period

55.91%

69.47%

-13.56%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

35.41%

61.20%

-25.79%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

31.40%

87.33%

-55.93%

Frequently Asked Questions


XAGUSD=X and XMR-USD have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

XMR-USD has higher volatility (11.99%) compared to XAGUSD=X (10.54%). In terms of maximum drawdown, XAGUSD=X dropped -75.36% vs XMR-USD's -95.68%.

XAGUSD=X currently has the higher Sharpe Ratio (0.78 vs 0.27), 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.

Portfolio Optimizer

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