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XRP-USD vs. USD=X
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Performance

XRP-USD vs. USD=X - Performance Comparison

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

0.00%50.00%100.00%JuneJulyAugustSeptemberOctoberNovember
133.38%
0
XRP-USD
USD=X

Returns By Period


XRP-USD

YTD

103.33%

1M

134.42%

6M

136.68%

1Y

104.34%

5Y (annualized)

39.56%

10Y (annualized)

N/A

USD=X

YTD

0.00%

1M

0.00%

6M

0.00%

1Y

0.00%

5Y (annualized)

0.00%

10Y (annualized)

0.00%

Key characteristics


XRP-USDUSD=X
Ulcer Index17.11%0.00%
Daily Std Dev59.82%0.00%
Max Drawdown-95.87%0.00%
Current Drawdown-62.98%0.00%

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Correlation

-0.50.00.51.00.0

The correlation between XRP-USD and USD=X is 0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Risk-Adjusted Performance

XRP-USD vs. USD=X - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Ripple (XRP-USD) and USD Cash (USD=X). 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 1.90, compared to the broader market-0.500.000.501.001.502.001.90
The chart of Sortino ratio for XRP-USD, currently valued at 2.72, compared to the broader market-1.000.001.002.003.002.72
The chart of Omega ratio for XRP-USD, currently valued at 1.29, compared to the broader market0.901.001.101.201.301.29
The chart of Calmar ratio for XRP-USD, currently valued at 0.93, compared to the broader market0.200.400.600.801.001.201.400.93
The chart of Martin ratio for XRP-USD, currently valued at 8.58, compared to the broader market0.002.004.006.008.0010.0012.008.58
XRP-USD
USD=X

Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
1.90
XRP-USD
USD=X

Drawdowns

XRP-USD vs. USD=X - Drawdown Comparison

The maximum XRP-USD drawdown since its inception was -95.87%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for XRP-USD and USD=X. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-62.98%
0
XRP-USD
USD=X

Volatility

XRP-USD vs. USD=X - Volatility Comparison

Ripple (XRP-USD) has a higher volatility of 34.71% compared to USD Cash (USD=X) at 0.00%. This indicates that XRP-USD's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%25.00%30.00%35.00%JuneJulyAugustSeptemberOctoberNovember
34.71%
0
XRP-USD
USD=X