AAVE-USD vs. AVAX-USD
Compare and contrast key facts about Aave (AAVE-USD) and Avalanche (AVAX-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAVE-USD or AVAX-USD.
Correlation
The correlation between AAVE-USD and AVAX-USD is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AAVE-USD vs. AVAX-USD - Performance Comparison
Key characteristics
AAVE-USD:
0.65
AVAX-USD:
0.13
AAVE-USD:
1.71
AVAX-USD:
0.90
AAVE-USD:
1.16
AVAX-USD:
1.09
AAVE-USD:
0.42
AVAX-USD:
0.03
AAVE-USD:
2.43
AVAX-USD:
0.34
AAVE-USD:
31.28%
AVAX-USD:
38.04%
AAVE-USD:
87.77%
AVAX-USD:
78.69%
AAVE-USD:
-92.20%
AVAX-USD:
-93.48%
AAVE-USD:
-73.71%
AVAX-USD:
-83.53%
Returns By Period
In the year-to-date period, AAVE-USD achieves a -46.00% return, which is significantly lower than AVAX-USD's -37.83% return.
AAVE-USD
-46.00%
-9.77%
16.88%
86.12%
N/A
N/A
AVAX-USD
-37.83%
0.85%
-12.60%
-35.51%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
AAVE-USD vs. AVAX-USD — Risk-Adjusted Performance Rank
AAVE-USD
AVAX-USD
AAVE-USD vs. AVAX-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Aave (AAVE-USD) and Avalanche (AVAX-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.
Drawdowns
AAVE-USD vs. AVAX-USD - Drawdown Comparison
The maximum AAVE-USD drawdown since its inception was -92.20%, roughly equal to the maximum AVAX-USD drawdown of -93.48%. Use the drawdown chart below to compare losses from any high point for AAVE-USD and AVAX-USD. For additional features, visit the drawdowns tool.
Volatility
AAVE-USD vs. AVAX-USD - Volatility Comparison
Aave (AAVE-USD) has a higher volatility of 32.66% compared to Avalanche (AVAX-USD) at 28.83%. This indicates that AAVE-USD's price experiences larger fluctuations and is considered to be riskier than AVAX-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.