Dogecoin vs Shiba Inu: performance comparison
Over the 12 months to Oct 4, 2026, Dogecoin returned -62.4% and Shiba Inu -53.3%. This page puts the two side by side on the same dates — current prices, performance charts rebased to 100, returns from one month to five years, volatility, the deepest falls and how closely the two move together — recalculated daily from closing prices.
Performance, rebased to 100
Both lines start at 100 on the first shared date: a value of 150 means +50% since then.
- Dogecoin-55.5%
- Shiba Inu-53.2%
- Dogecoin-80.7%
- Shiba Inu-59.9%
Returns
| Period | Dogecoin | Shiba Inu | Better |
|---|---|---|---|
| 1 month | +10.3% | +10.0% | Dogecoin |
| 3 months | +20.7% | +31.9% | Shiba Inu |
| 6 months | +2.7% | -1.9% | Dogecoin |
| Year to date | -23.1% | -18.0% | Shiba Inu |
| 1 year | -62.4% | -53.3% | Shiba Inu |
| 3 years | +54.6% | -18.6% | Dogecoin |
| 5 years | -61.2% | -77.8% | Dogecoin |
Price returns between closing prices on the same dates for both assets; dividends and interest are not included. All prices are in US dollars. Data to Oct 4, 2026.
Risk
| Measure | Dogecoin | Shiba Inu |
|---|---|---|
| Volatility, 1 year (annualized) | 70.9% | 64.4% |
| Volatility, 5 years (annualized, weekly) | 126.0% | 111.7% |
| Deepest fall, 5 years | -88.5%May 2021 – Jun 2022 | -93.9%Oct 2021 – Jul 2026 |
| Correlation, 1 year (daily returns) | 0.85 | |
| Correlation, 5 years (weekly returns) | 0.56 | |
Volatility is the annualized standard deviation of returns — higher means bigger swings. The deepest fall is the largest drop from a previous high. Correlation runs from −1 (opposite moves) through 0 (unrelated) to +1 (in lockstep).
What the numbers say
Over five years (May 2021 to Oct 2026), Dogecoin returned -61.2% and Shiba Inu -77.8%. Shiba Inu led over the past year, while Dogecoin led over five years.
Annualized volatility over the past year: Dogecoin 70.9%, Shiba Inu 64.4% — similar levels of volatility. Deepest fall over the period: Dogecoin -88.5% (May 2021 – Jun 2022), Shiba Inu -93.9% (Oct 2021 – Jul 2026).
The correlation of their daily returns over the past year was 0.85. That is a strong positive link: they have tended to move together. Over five years of weekly returns it was 0.56.
Past performance does not predict future returns.
Key differences
- Both are meme coins without cash flows; their prices are driven mostly by social media, celebrity attention and retail sentiment.
- Technology: Dogecoin runs its own proof-of-work blockchain (merge-mined with Litecoin); Shiba Inu is a token on Ethereum with its own layer-2 network, Shibarium.
- Supply: Dogecoin adds about 5 billion coins a year with no cap; Shiba Inu's supply is fixed in the hundreds of trillions, and part of it has been burned.
The two assets
Dogecoin
Dogecoin started in 2013 as a joke based on the 'Doge' meme and grew into one of the largest cryptocurrencies by market value. It has no supply cap — about 5 billion new coins are issued each year — and its price is driven largely by social media and retail sentiment.
Dogecoin chart and analysis →Shiba Inu
Shiba Inu is a meme token launched on Ethereum in 2020, inspired by Dogecoin, with a supply in the hundreds of trillions of tokens. Like Dogecoin, it has no cash flows, and its price moves mostly with community and retail sentiment.
Shiba Inu chart and analysis →Frequently asked questions
Which performed better over the past year, Dogecoin or Shiba Inu?
Shiba Inu. In the 12 months to Oct 4, 2026, Dogecoin returned -62.4% and Shiba Inu -53.3%, a difference of 9.1 percentage points. Past performance does not predict future returns.
Which performed better over the past five years, Dogecoin or Shiba Inu?
Dogecoin. From May 2021 to Oct 2026, Dogecoin returned -61.2% and Shiba Inu -77.8%. Past performance does not predict future returns.
Which is more volatile, Dogecoin or Shiba Inu?
Their volatility has been similar. Annualized volatility over the past year: Dogecoin 70.9%, Shiba Inu 64.4%. Deepest fall over five years: Dogecoin -88.5%, Shiba Inu -93.9%.
Do Dogecoin and Shiba Inu move together?
A strong positive link: they have tended to move together. The correlation of their daily returns over the past year was 0.85, on a scale from −1 (opposite moves) to +1 (moving in lockstep). Over five years of weekly returns it was 0.56.
How we calculate
Both series are aligned on the trading days (or weeks) they share, so every return covers the same dates for both assets. Periods up to one year use daily closes; three and five years use weekly closes. Volatility is the annualized standard deviation of log returns, the deepest fall is measured on weekly closes, and correlation is the Pearson coefficient of returns over identical intervals. Data: Yahoo Finance and OKX, refreshed daily. All prices are in US dollars.