AAVE-USD vs. HBAR-USD
Compare and contrast key facts about Aave (AAVE-USD) and HederaHashgraph (HBAR-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAVE-USD or HBAR-USD.
Correlation
The correlation between AAVE-USD and HBAR-USD is 0.30, 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. HBAR-USD - Performance Comparison
Key characteristics
AAVE-USD:
0.81
HBAR-USD:
3.28
AAVE-USD:
1.85
HBAR-USD:
4.04
AAVE-USD:
1.18
HBAR-USD:
1.38
AAVE-USD:
0.55
HBAR-USD:
3.80
AAVE-USD:
3.06
HBAR-USD:
15.87
AAVE-USD:
30.87%
HBAR-USD:
30.22%
AAVE-USD:
87.87%
HBAR-USD:
124.01%
AAVE-USD:
-92.20%
HBAR-USD:
-92.80%
AAVE-USD:
-73.48%
HBAR-USD:
-64.37%
Returns By Period
In the year-to-date period, AAVE-USD achieves a -45.53% return, which is significantly lower than HBAR-USD's -32.81% return.
AAVE-USD
-45.53%
-9.96%
14.05%
85.35%
N/A
N/A
HBAR-USD
-32.81%
-7.43%
252.75%
44.77%
40.20%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
AAVE-USD vs. HBAR-USD — Risk-Adjusted Performance Rank
AAVE-USD
HBAR-USD
AAVE-USD vs. HBAR-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Aave (AAVE-USD) and HederaHashgraph (HBAR-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. HBAR-USD - Drawdown Comparison
The maximum AAVE-USD drawdown since its inception was -92.20%, roughly equal to the maximum HBAR-USD drawdown of -92.80%. Use the drawdown chart below to compare losses from any high point for AAVE-USD and HBAR-USD. For additional features, visit the drawdowns tool.
Volatility
AAVE-USD vs. HBAR-USD - Volatility Comparison
Aave (AAVE-USD) has a higher volatility of 33.05% compared to HederaHashgraph (HBAR-USD) at 29.41%. This indicates that AAVE-USD's price experiences larger fluctuations and is considered to be riskier than HBAR-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.