AAVE-USD vs. DOT-USD
Compare and contrast key facts about Aave (AAVE-USD) and Polkadot (DOT-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAVE-USD or DOT-USD.
Key characteristics
| AAVE-USD | DOT-USD | |
|---|---|---|
| YTD Return | -23.21% | -16.00% |
| 1Y Return | 21.05% | 20.36% |
| 3Y Return (Ann) | -44.29% | -42.76% |
| Sharpe Ratio | 0.89 | 1.12 |
| Daily Std Dev | 67.05% | 56.99% |
| Max Drawdown | -92.20% | -93.24% |
| Current Drawdown | -86.79% | -87.24% |
Correlation
The correlation between AAVE-USD and DOT-USD is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AAVE-USD vs. DOT-USD - Performance Comparison
In the year-to-date period, AAVE-USD achieves a -23.21% return, which is significantly lower than DOT-USD's -16.00% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
AAVE-USD vs. DOT-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Aave (AAVE-USD) and Polkadot (DOT-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. DOT-USD - Drawdown Comparison
The maximum AAVE-USD drawdown since its inception was -92.20%, roughly equal to the maximum DOT-USD drawdown of -93.24%. Use the drawdown chart below to compare losses from any high point for AAVE-USD and DOT-USD. For additional features, visit the drawdowns tool.
Volatility
AAVE-USD vs. DOT-USD - Volatility Comparison
Aave (AAVE-USD) has a higher volatility of 33.23% compared to Polkadot (DOT-USD) at 26.41%. This indicates that AAVE-USD's price experiences larger fluctuations and is considered to be riskier than DOT-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.