XTZ-USD vs. HBAR-USD
XTZ-USD (Tezos) and HBAR-USD (HederaHashgraph) are both cryptocurrencies. Over the past 5 years, XTZ-USD returned -39.48%/yr vs -17.23%/yr for HBAR-USD. A 0.63 correlation means they provide meaningful diversification when combined.
Performance
XTZ-USD vs. HBAR-USD - Performance Comparison
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Returns By Period
In the year-to-date period, XTZ-USD achieves a -53.80% return, which is significantly lower than HBAR-USD's -35.61% return.
XTZ-USD
- 1D
- -1.16%
- 1M
- -2.38%
- 6M
- -59.82%
- YTD
- -53.80%
- 1Y
- -63.37%
- 3Y*
- -36.89%
- 5Y*
- -39.48%
- 10Y*
- —
HBAR-USD
- 1D
- -0.12%
- 1M
- -12.18%
- 6M
- -41.65%
- YTD
- -35.61%
- 1Y
- -65.37%
- 3Y*
- 9.18%
- 5Y*
- -17.23%
- 10Y*
- —
XTZ-USD vs. HBAR-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
XTZ-USD Tezos | -53.80% | -61.50% | 27.16% | 40.92% | -83.50% | 115.68% | 49.46% | 34.51% |
HBAR-USD HederaHashgraph | -35.61% | -60.44% | 212.23% | 135.51% | -87.44% | 812.76% | 211.49% | -97.54% |
Correlation
The correlation between XTZ-USD and HBAR-USD is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Sep 17, 2019 | 0.63 |
The correlation between XTZ-USD and HBAR-USD has been stable across timeframes, ranging from 0.63 to 0.71 - a consistent structural relationship.
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Return for Risk
XTZ-USD vs. HBAR-USD — Risk / Return Rank
XTZ-USD
HBAR-USD
XTZ-USD vs. HBAR-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tezos (XTZ-USD) and HederaHashgraph (HBAR-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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XTZ-USD | HBAR-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.30 | ||
| Omega ratioGain probability vs. loss probability | 0.88 | 0.86 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.78 | -0.85 | +0.07 |
| Martin ratioReturn relative to average drawdown | -1.15 | -1.17 | +0.02 |
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Drawdowns
XTZ-USD vs. HBAR-USD - Drawdown Comparison
The maximum XTZ-USD drawdown since its inception was -98.09%, roughly equal to the maximum HBAR-USD drawdown of -97.58%. Use the drawdown chart below to compare losses from any high point for XTZ-USD and HBAR-USD.
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Drawdown Indicators
| XTZ-USD | HBAR-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.09% | -97.58% | -0.51% |
Max Drawdown (1Y)Largest decline over 1 year | -81.15% | -76.57% | -4.58% |
Max Drawdown (3Y)Largest decline over 3 years | -88.71% | -81.76% | -6.95% |
Max Drawdown (5Y)Largest decline over 5 years | -97.67% | -92.79% | -4.88% |
Current DrawdownCurrent decline from peak | -97.84% | -86.49% | -11.35% |
Average DrawdownAverage peak-to-trough decline | -79.55% | -74.63% | -4.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 44.56% | 48.47% | -3.91% |
Volatility
XTZ-USD vs. HBAR-USD - Volatility Comparison
Tezos (XTZ-USD) has a higher volatility of 21.03% compared to HederaHashgraph (HBAR-USD) at 13.23%. This indicates that XTZ-USD's price experiences larger fluctuations and is considered to be riskier than HBAR-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XTZ-USD | HBAR-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.03% | 13.23% | +7.80% |
Volatility (6M)Calculated over the trailing 6-month period | 50.32% | 41.24% | +9.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 72.13% | 62.94% | +9.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 77.15% | 84.63% | -7.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 105.60% | 108.02% | -2.42% |
Frequently Asked Questions
XTZ-USD and HBAR-USD have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XTZ-USD has higher volatility (21.03%) compared to HBAR-USD (13.23%). In terms of maximum drawdown, XTZ-USD dropped -98.09% vs HBAR-USD's -97.58%.
XTZ-USD currently has the higher Sharpe Ratio (-0.73 vs -0.86), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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