XRP-USD vs. DOGE-USD
Compare and contrast key facts about Ripple (XRP-USD) and Dogecoin (DOGE-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XRP-USD or DOGE-USD.
Performance
XRP-USD vs. DOGE-USD - Performance Comparison
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
103.33%
134.42%
136.68%
104.34%
39.56%
N/A
DOGE-USD
361.51%
198.15%
152.09%
441.89%
182.54%
110.35%
Key characteristics
XRP-USD | DOGE-USD | |
---|---|---|
Sharpe Ratio | 1.90 | 2.73 |
Sortino Ratio | 2.72 | 3.14 |
Omega Ratio | 1.29 | 1.30 |
Calmar Ratio | 0.93 | 2.14 |
Martin Ratio | 8.58 | 7.25 |
Ulcer Index | 17.11% | 39.11% |
Daily Std Dev | 59.82% | 83.49% |
Max Drawdown | -95.87% | -95.27% |
Current Drawdown | -62.98% | -40.48% |
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Correlation
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.
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.
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.