XRP-USD vs. USD=X
Compare and contrast key facts about Ripple (XRP-USD) and USD Cash (USD=X).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XRP-USD or USD=X.
Performance
XRP-USD vs. USD=X - Performance Comparison
Returns By Period
XRP-USD
103.33%
134.42%
136.68%
104.34%
39.56%
N/A
USD=X
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Key characteristics
XRP-USD | USD=X | |
---|---|---|
Ulcer Index | 17.11% | 0.00% |
Daily Std Dev | 59.82% | 0.00% |
Max Drawdown | -95.87% | 0.00% |
Current Drawdown | -62.98% | 0.00% |
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Correlation
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.
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.
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.