XYZ vs. COIN

Last updated Jun 9, 2026

XYZ (Block, Inc) and COIN (Coinbase Global, Inc.) are both stocks. XYZ operates in Software - Infrastructure (Technology), while COIN operates in Financial Data & Stock Exchanges (Financial Services). Over the past 5 years, XYZ returned -19.76%/yr vs -6.29%/yr for COIN. A 0.57 correlation means they provide meaningful diversification when combined.

Performance

XYZ vs. COIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Block, Inc (XYZ) and Coinbase Global, Inc. (COIN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XYZ achieves a 7.42% return, which is significantly higher than COIN's -28.31% return.

XYZ

• 1D: 2.60%
• 1M: -6.59%
• YTD: 7.42%
• 6M: 14.55%
• 1Y: 7.59%
• 3Y*: 2.49%
• 5Y*: -19.76%
• 10Y*: 22.56%

COIN

• 1D: 6.37%
• 1M: -19.41%
• YTD: -28.31%
• 6M: -40.88%
• 1Y: -35.48%
• 3Y*: 44.90%
• 5Y*: -6.29%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XYZ vs. COIN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
XYZ Block, Inc	7.42%	-23.41%	9.88%	23.09%	-61.09%	-37.50%
COIN Coinbase Global, Inc.	-28.31%	-8.92%	42.77%	391.44%	-85.98%	-23.12%

Correlation

The correlation between XYZ and COIN is 0.51, 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	0.51
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (5Y) Calculated over the trailing 5-year period	0.58
Correlation (All Time) Calculated using the full available price history since Apr 15, 2021	0.57

The correlation between XYZ and COIN has been stable across timeframes, ranging from 0.51 to 0.58 - a consistent structural relationship.

Fundamentals

Market Cap XYZ : $41.78B COIN : $42.92B
EPS XYZ : $1.31 COIN : $2.90
PE Ratio XYZ : 53.40 COIN : 55.88
PEG Ratio XYZ : 0.01 COIN : 0.04
PS Ratio XYZ : 1.76 COIN : 7.70
PB Ratio XYZ : 1.92 COIN : 3.18
Total Revenue (TTM) XYZ : $24.48B COIN : $5.81B
Gross Profit (TTM) XYZ : $11.01B COIN : $4.65B
EBITDA (TTM) XYZ : $2.42B COIN : $1.68B

Return for Risk

XYZ vs. COIN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XYZ

XYZ Risk / Return Rank: 46
XYZ Sharpe Ratio Rank: 48
XYZ Sortino Ratio Rank: 45
XYZ Omega Ratio Rank: 44
XYZ Calmar Ratio Rank: 47
XYZ Martin Ratio Rank: 47

COIN

COIN Risk / Return Rank: 23
COIN Sharpe Ratio Rank: 20
COIN Sortino Ratio Rank: 22
COIN Omega Ratio Rank: 24
COIN Calmar Ratio Rank: 23
COIN Martin Ratio Rank: 25

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XYZ vs. COIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Block, Inc (XYZ) and Coinbase Global, Inc. (COIN). 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.

	XYZ	COIN	Difference
Sharpe ratio: Return per unit of total volatility	0.16	-0.51	+0.67
Sortino ratio: Return per unit of downside risk	0.56	-0.41	+0.97
Omega ratio: Gain probability vs. loss probability	1.07	0.95	+0.12
Calmar ratio: Return relative to maximum drawdown	0.19	-0.54	+0.73
Martin ratio: Return relative to average drawdown	0.45	-0.88	+1.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XYZ vs. COIN - Sharpe Ratio Comparison

The current XYZ Sharpe Ratio is 0.16, which is higher than the COIN Sharpe Ratio of -0.51. The chart below compares the historical Sharpe Ratios of XYZ and COIN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XYZ	COIN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.16	-0.51	+0.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.33	-0.07	-0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.40	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	-0.15	+0.45

Drawdowns

XYZ vs. COIN - Drawdown Comparison

The maximum XYZ drawdown since its inception was -86.08%, smaller than the maximum COIN drawdown of -90.90%. Use the drawdown chart below to compare losses from any high point for XYZ and COIN.

Drawdown Indicators

	XYZ	COIN	Difference
Max Drawdown Largest peak-to-trough decline	-86.08%	-90.90%	+4.82%
Max Drawdown (1Y) Largest decline over 1 year	-39.48%	-66.39%	+26.91%
Max Drawdown (3Y) Largest decline over 3 years	-52.96%	-66.39%	+13.43%
Max Drawdown (5Y) Largest decline over 5 years	-86.08%	-90.90%	+4.82%
Max Drawdown (10Y) Largest decline over 10 years	-86.08%	—	—
Current Drawdown Current decline from peak	-75.19%	-61.38%	-13.81%
Average Drawdown Average peak-to-trough decline	-41.01%	-49.86%	+8.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.04%	40.25%	-23.21%

Volatility

XYZ vs. COIN - Volatility Comparison

The current volatility for Block, Inc (XYZ) is 14.16%, while Coinbase Global, Inc. (COIN) has a volatility of 21.42%. This indicates that XYZ experiences smaller price fluctuations and is considered to be less risky than COIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XYZ	COIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.16%	21.42%	-7.26%
Volatility (6M) Calculated over the trailing 6-month period	35.29%	51.58%	-16.29%
Volatility (1Y) Calculated over the trailing 1-year period	46.81%	70.60%	-23.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.00%	85.93%	-25.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.71%	85.40%	-28.69%

Dividends

XYZ vs. COIN - Dividend Comparison

Neither XYZ nor COIN has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

XYZ vs. COIN - Profitability Comparison

The chart below illustrates the profitability comparison between Block, Inc and Coinbase Global, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

XYZ - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Block, Inc reported a gross profit of 2.91B and revenue of 6.06B. Therefore, the gross margin over that period was 48.0%.

COIN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Coinbase Global, Inc. reported a gross profit of 1.22B and revenue of 1.41B. Therefore, the gross margin over that period was 86.1%.

XYZ - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Block, Inc reported an operating income of -171.99M and revenue of 6.06B, resulting in an operating margin of -2.8%.

COIN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Coinbase Global, Inc. reported an operating income of 35.15M and revenue of 1.41B, resulting in an operating margin of 2.5%.

XYZ - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Block, Inc reported a net income of -308.68M and revenue of 6.06B, resulting in a net margin of -5.1%.

COIN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Coinbase Global, Inc. reported a net income of -394.12M and revenue of 1.41B, resulting in a net margin of -27.9%.

Frequently Asked Questions

Can I hold both XYZ and COIN in my portfolio?

XYZ and COIN have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XYZ or COIN?

COIN has higher volatility (21.42%) compared to XYZ (14.16%). In terms of maximum drawdown, XYZ dropped -86.08% vs COIN's -90.90%.

Which has better risk-adjusted returns?

XYZ currently has the higher Sharpe Ratio (0.16 vs -0.51), 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.