XEM-USD vs. BTC-USD
Compare and contrast key facts about NEM (XEM-USD) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XEM-USD or BTC-USD.
Correlation
The correlation between XEM-USD and BTC-USD is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
XEM-USD vs. BTC-USD - Performance Comparison
Key characteristics
XEM-USD:
-0.59
BTC-USD:
1.28
XEM-USD:
-0.49
BTC-USD:
2.01
XEM-USD:
0.95
BTC-USD:
1.20
XEM-USD:
0.23
BTC-USD:
1.08
XEM-USD:
-1.09
BTC-USD:
5.88
XEM-USD:
54.63%
BTC-USD:
11.18%
XEM-USD:
83.37%
BTC-USD:
44.33%
XEM-USD:
-99.32%
BTC-USD:
-93.07%
XEM-USD:
-98.58%
BTC-USD:
-5.75%
Returns By Period
In the year-to-date period, XEM-USD achieves a -32.98% return, which is significantly lower than BTC-USD's 136.70% return.
XEM-USD
-32.98%
12.47%
83.58%
-27.99%
-4.49%
N/A
BTC-USD
136.70%
10.49%
54.00%
136.67%
69.18%
77.58%
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Risk-Adjusted Performance
XEM-USD vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NEM (XEM-USD) and Bitcoin (BTC-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.
Drawdowns
XEM-USD vs. BTC-USD - Drawdown Comparison
The maximum XEM-USD drawdown since its inception was -99.32%, which is greater than BTC-USD's maximum drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for XEM-USD and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
XEM-USD vs. BTC-USD - Volatility Comparison
NEM (XEM-USD) has a higher volatility of 37.98% compared to Bitcoin (BTC-USD) at 14.03%. This indicates that XEM-USD's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.