AAVE-USD vs. ETH-USD
Compare and contrast key facts about Aave (AAVE-USD) and Ethereum (ETH-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAVE-USD or ETH-USD.
Correlation
The correlation between AAVE-USD and ETH-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. ETH-USD - Performance Comparison
Key characteristics
AAVE-USD:
0.65
ETH-USD:
-0.58
AAVE-USD:
1.71
ETH-USD:
-0.53
AAVE-USD:
1.16
ETH-USD:
0.95
AAVE-USD:
0.42
ETH-USD:
0.03
AAVE-USD:
2.43
ETH-USD:
-1.42
AAVE-USD:
31.28%
ETH-USD:
29.28%
AAVE-USD:
87.77%
ETH-USD:
59.28%
AAVE-USD:
-92.20%
ETH-USD:
-93.96%
AAVE-USD:
-73.71%
ETH-USD:
-62.87%
Returns By Period
The year-to-date returns for both stocks are quite close, with AAVE-USD having a -46.00% return and ETH-USD slightly lower at -46.39%.
AAVE-USD
-46.00%
-9.77%
16.88%
86.12%
N/A
N/A
ETH-USD
-46.39%
-10.77%
-27.95%
-42.92%
55.42%
N/A
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Risk-Adjusted Performance
AAVE-USD vs. ETH-USD — Risk-Adjusted Performance Rank
AAVE-USD
ETH-USD
AAVE-USD vs. ETH-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Aave (AAVE-USD) and Ethereum (ETH-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. ETH-USD - Drawdown Comparison
The maximum AAVE-USD drawdown since its inception was -92.20%, roughly equal to the maximum ETH-USD drawdown of -93.96%. Use the drawdown chart below to compare losses from any high point for AAVE-USD and ETH-USD. For additional features, visit the drawdowns tool.
Volatility
AAVE-USD vs. ETH-USD - Volatility Comparison
Aave (AAVE-USD) has a higher volatility of 32.66% compared to Ethereum (ETH-USD) at 27.40%. This indicates that AAVE-USD's price experiences larger fluctuations and is considered to be riskier than ETH-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.