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 0.72, 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.
Performance
AAVE-USD vs. ETH-USD - Performance Comparison
Key characteristics
AAVE-USD:
0.96
ETH-USD:
-0.82
AAVE-USD:
1.99
ETH-USD:
-1.23
AAVE-USD:
1.18
ETH-USD:
0.88
AAVE-USD:
0.66
ETH-USD:
0.03
AAVE-USD:
4.39
ETH-USD:
-2.19
AAVE-USD:
25.17%
ETH-USD:
27.04%
AAVE-USD:
88.32%
ETH-USD:
57.35%
AAVE-USD:
-92.20%
ETH-USD:
-93.96%
AAVE-USD:
-76.27%
ETH-USD:
-62.69%
Returns By Period
In the year-to-date period, AAVE-USD achieves a -51.27% return, which is significantly lower than ETH-USD's -46.13% return.
AAVE-USD
-51.27%
-16.82%
7.95%
30.23%
N/A
N/A
ETH-USD
-46.13%
-16.32%
-24.10%
-45.22%
66.08%
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 29.62% compared to Ethereum (ETH-USD) at 19.73%. 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.