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AAVE-USD vs. DOGE-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between AAVE-USD and DOGE-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. DOGE-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aave (AAVE-USD) and Dogecoin (DOGE-USD). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

AAVE-USD:

1.52

DOGE-USD:

0.53

Sortino Ratio

AAVE-USD:

2.22

DOGE-USD:

2.86

Omega Ratio

AAVE-USD:

1.21

DOGE-USD:

1.29

Calmar Ratio

AAVE-USD:

0.99

DOGE-USD:

1.98

Martin Ratio

AAVE-USD:

4.19

DOGE-USD:

6.61

Ulcer Index

AAVE-USD:

34.52%

DOGE-USD:

39.84%

Daily Std Dev

AAVE-USD:

89.42%

DOGE-USD:

82.69%

Max Drawdown

AAVE-USD:

-92.18%

DOGE-USD:

-95.27%

Current Drawdown

AAVE-USD:

-63.13%

DOGE-USD:

-65.80%

Returns By Period

In the year-to-date period, AAVE-USD achieves a -24.47% return, which is significantly higher than DOGE-USD's -25.82% return.


AAVE-USD

YTD

-24.47%

1M

64.10%

6M

36.66%

1Y

173.07%

3Y*

36.57%

5Y*

N/A

10Y*

N/A

DOGE-USD

YTD

-25.82%

1M

48.84%

6M

-37.00%

1Y

57.06%

3Y*

39.25%

5Y*

147.17%

10Y*

110.95%

*Annualized

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Aave

Dogecoin

Risk-Adjusted Performance

AAVE-USD vs. DOGE-USD — Risk-Adjusted Performance Rank

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

AAVE-USD
The Risk-Adjusted Performance Rank of AAVE-USD is 8484
Overall Rank
The Sharpe Ratio Rank of AAVE-USD is 9595
Sharpe Ratio Rank
The Sortino Ratio Rank of AAVE-USD is 8080
Sortino Ratio Rank
The Omega Ratio Rank of AAVE-USD is 7878
Omega Ratio Rank
The Calmar Ratio Rank of AAVE-USD is 8282
Calmar Ratio Rank
The Martin Ratio Rank of AAVE-USD is 8383
Martin Ratio Rank

DOGE-USD
The Risk-Adjusted Performance Rank of DOGE-USD is 8787
Overall Rank
The Sharpe Ratio Rank of DOGE-USD is 8585
Sharpe Ratio Rank
The Sortino Ratio Rank of DOGE-USD is 8585
Sortino Ratio Rank
The Omega Ratio Rank of DOGE-USD is 8585
Omega Ratio Rank
The Calmar Ratio Rank of DOGE-USD is 9292
Calmar Ratio Rank
The Martin Ratio Rank of DOGE-USD is 8888
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

AAVE-USD vs. DOGE-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Aave (AAVE-USD) and Dogecoin (DOGE-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.


The current AAVE-USD Sharpe Ratio is 1.52, which is higher than the DOGE-USD Sharpe Ratio of 0.53. The chart below compares the historical Sharpe Ratios of AAVE-USD and DOGE-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Drawdowns

AAVE-USD vs. DOGE-USD - Drawdown Comparison

The maximum AAVE-USD drawdown since its inception was -92.18%, roughly equal to the maximum DOGE-USD drawdown of -95.27%. Use the drawdown chart below to compare losses from any high point for AAVE-USD and DOGE-USD. For additional features, visit the drawdowns tool.


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Volatility

AAVE-USD vs. DOGE-USD - Volatility Comparison

The current volatility for Aave (AAVE-USD) is 26.23%, while Dogecoin (DOGE-USD) has a volatility of 30.91%. This indicates that AAVE-USD experiences smaller price fluctuations and is considered to be less risky than DOGE-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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