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XRP-USD vs. DOGE-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Performance

XRP-USD vs. DOGE-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ripple (XRP-USD) and Dogecoin (DOGE-USD). The values are adjusted to include any dividend payments, if applicable.

-50.00%0.00%50.00%100.00%150.00%JuneJulyAugustSeptemberOctoberNovember
133.38%
152.09%
XRP-USD
DOGE-USD

Returns By Period

In the year-to-date period, XRP-USD achieves a 103.33% return, which is significantly lower than DOGE-USD's 361.51% return.


XRP-USD

YTD

103.33%

1M

134.42%

6M

136.68%

1Y

104.34%

5Y (annualized)

39.56%

10Y (annualized)

N/A

DOGE-USD

YTD

361.51%

1M

198.15%

6M

152.09%

1Y

441.89%

5Y (annualized)

182.54%

10Y (annualized)

110.35%

Key characteristics


XRP-USDDOGE-USD
Sharpe Ratio1.902.73
Sortino Ratio2.723.14
Omega Ratio1.291.30
Calmar Ratio0.932.14
Martin Ratio8.587.25
Ulcer Index17.11%39.11%
Daily Std Dev59.82%83.49%
Max Drawdown-95.87%-95.27%
Current Drawdown-62.98%-40.48%

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Correlation

-0.50.00.51.00.6

The correlation between XRP-USD and DOGE-USD is 0.61, 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.

Risk-Adjusted Performance

XRP-USD vs. DOGE-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Ripple (XRP-USD) and Dogecoin (DOGE-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.


Sharpe ratio
The chart of Sharpe ratio for XRP-USD, currently valued at 2.18, compared to the broader market-0.500.000.501.001.502.002.182.73
The chart of Sortino ratio for XRP-USD, currently valued at 2.93, compared to the broader market-1.000.001.002.003.002.933.14
The chart of Omega ratio for XRP-USD, currently valued at 1.32, compared to the broader market0.901.001.101.201.301.321.30
The chart of Calmar ratio for XRP-USD, currently valued at 1.10, compared to the broader market0.200.400.600.801.001.201.401.102.14
The chart of Martin ratio for XRP-USD, currently valued at 9.79, compared to the broader market0.002.004.006.008.0010.0012.009.797.25
XRP-USD
DOGE-USD

The current XRP-USD Sharpe Ratio is 1.90, which is lower than the DOGE-USD Sharpe Ratio of 2.73. The chart below compares the historical Sharpe Ratios of XRP-USD and DOGE-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
2.18
2.73
XRP-USD
DOGE-USD

Drawdowns

XRP-USD vs. DOGE-USD - Drawdown Comparison

The maximum XRP-USD drawdown since its inception was -95.87%, roughly equal to the maximum DOGE-USD drawdown of -95.27%. Use the drawdown chart below to compare losses from any high point for XRP-USD and DOGE-USD. For additional features, visit the drawdowns tool.


-90.00%-80.00%-70.00%-60.00%-50.00%-40.00%JuneJulyAugustSeptemberOctoberNovember
-62.98%
-40.48%
XRP-USD
DOGE-USD

Volatility

XRP-USD vs. DOGE-USD - Volatility Comparison

The current volatility for Ripple (XRP-USD) is 34.54%, while Dogecoin (DOGE-USD) has a volatility of 42.87%. This indicates that XRP-USD experiences smaller price fluctuations and is considered to be less risky than DOGE-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%JuneJulyAugustSeptemberOctoberNovember
34.54%
42.87%
XRP-USD
DOGE-USD