AAVE-USD vs. ETH-USD
Compare and contrast key facts about Aave (AAVE-USD) and Ethereum (ETH-USD).
Performance
AAVE-USD vs. ETH-USD - Performance Comparison
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AAVE-USD vs. ETH-USD - Yearly Performance Comparison
Returns By Period
In the year-to-date period, AAVE-USD achieves a -35.23% return, which is significantly lower than ETH-USD's -30.81% return.
AAVE-USD
- 1D
- -3.75%
- 1M
- -15.07%
- YTD
- -35.23%
- 6M
- -67.35%
- 1Y
- -37.16%
- 3Y*
- 8.57%
- 5Y*
- -24.28%
- 10Y*
- —
ETH-USD
- 1D
- -4.09%
- 1M
- 3.52%
- YTD
- -30.81%
- 6M
- -54.26%
- 1Y
- 14.38%
- 3Y*
- 4.27%
- 5Y*
- 0.43%
- 10Y*
- 68.46%
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Return for Risk
AAVE-USD vs. ETH-USD — Risk / Return Rank
AAVE-USD
ETH-USD
AAVE-USD vs. ETH-USD - Risk-Adjusted Trends 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.
| AAVE-USD | ETH-USD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.42 | 0.19 | -0.61 |
Sortino ratioReturn per unit of downside risk | -0.11 | 0.85 | -0.96 |
Omega ratioGain probability vs. loss probability | 0.99 | 1.09 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | -1.09 | -0.92 | -0.16 |
Martin ratioReturn relative to average drawdown | -1.68 | -1.58 | -0.10 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AAVE-USD | ETH-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.42 | 0.19 | -0.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.23 | 0.01 | -0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.72 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.04 | 0.79 | -0.76 |
Correlation
The correlation between AAVE-USD and ETH-USD is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Drawdowns
AAVE-USD vs. ETH-USD - Drawdown Comparison
The maximum AAVE-USD drawdown since its inception was -92.10%, roughly equal to the maximum ETH-USD drawdown of -94.01%. Use the drawdown chart below to compare losses from any high point for AAVE-USD and ETH-USD.
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Drawdown Indicators
| AAVE-USD | ETH-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.10% | -94.01% | +1.91% |
Max Drawdown (1Y)Largest decline over 1 year | -73.60% | -62.26% | -11.34% |
Max Drawdown (5Y)Largest decline over 5 years | -92.10% | -79.35% | -12.75% |
Max Drawdown (10Y)Largest decline over 10 years | — | -94.01% | — |
Current DrawdownCurrent decline from peak | -84.98% | -57.51% | -27.47% |
Average DrawdownAverage peak-to-trough decline | -67.90% | -50.82% | -17.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 47.68% | 36.50% | +11.18% |
Volatility
AAVE-USD vs. ETH-USD - Volatility Comparison
Aave (AAVE-USD) and Ethereum (ETH-USD) have volatilities of 17.31% and 18.12%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AAVE-USD | ETH-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.31% | 18.12% | -0.81% |
Volatility (6M)Calculated over the trailing 6-month period | 64.22% | 51.50% | +12.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 74.17% | 62.47% | +11.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 87.64% | 63.54% | +24.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3,610.75% | 78.86% | +3,531.89% |