AAVE-USD vs. BTC-USD
Compare and contrast key facts about Aave (AAVE-USD) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAVE-USD or BTC-USD.
Correlation
The correlation between AAVE-USD and BTC-USD is 0.34, 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. BTC-USD - Performance Comparison
Key characteristics
AAVE-USD:
0.65
BTC-USD:
1.95
AAVE-USD:
1.71
BTC-USD:
2.56
AAVE-USD:
1.16
BTC-USD:
1.26
AAVE-USD:
0.42
BTC-USD:
1.73
AAVE-USD:
2.43
BTC-USD:
8.72
AAVE-USD:
31.28%
BTC-USD:
11.36%
AAVE-USD:
87.77%
BTC-USD:
42.72%
AAVE-USD:
-92.20%
BTC-USD:
-93.07%
AAVE-USD:
-73.71%
BTC-USD:
-10.76%
Returns By Period
In the year-to-date period, AAVE-USD achieves a -46.00% return, which is significantly lower than BTC-USD's 1.38% return.
AAVE-USD
-46.00%
-9.77%
16.88%
86.12%
N/A
N/A
BTC-USD
1.38%
8.65%
41.34%
48.57%
64.83%
82.95%
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Risk-Adjusted Performance
AAVE-USD vs. BTC-USD — Risk-Adjusted Performance Rank
AAVE-USD
BTC-USD
AAVE-USD vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Aave (AAVE-USD) and Bitcoin (BTC-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. BTC-USD - Drawdown Comparison
The maximum AAVE-USD drawdown since its inception was -92.20%, roughly equal to the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for AAVE-USD and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
AAVE-USD vs. BTC-USD - Volatility Comparison
Aave (AAVE-USD) has a higher volatility of 32.66% compared to Bitcoin (BTC-USD) at 16.25%. This indicates that AAVE-USD's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.