AAVE-USD vs. MNTN.L
Compare and contrast key facts about Aave (AAVE-USD) and Schiehallion Fund Ltd (MNTN.L).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAVE-USD or MNTN.L.
Key characteristics
| AAVE-USD | MNTN.L | |
|---|---|---|
| YTD Return | -23.21% | 24.32% |
| 1Y Return | 21.05% | 5.14% |
| 3Y Return (Ann) | -44.29% | -21.01% |
| Sharpe Ratio | 0.89 | 0.26 |
| Daily Std Dev | 67.05% | 50.29% |
| Max Drawdown | -92.20% | -85.14% |
| Current Drawdown | -86.79% | -68.92% |
Correlation
The correlation between AAVE-USD and MNTN.L is 0.05, 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. MNTN.L - Performance Comparison
In the year-to-date period, AAVE-USD achieves a -23.21% return, which is significantly lower than MNTN.L's 24.32% 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. MNTN.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Aave (AAVE-USD) and Schiehallion Fund Ltd (MNTN.L). 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. MNTN.L - Drawdown Comparison
The maximum AAVE-USD drawdown since its inception was -92.20%, which is greater than MNTN.L's maximum drawdown of -85.14%. Use the drawdown chart below to compare losses from any high point for AAVE-USD and MNTN.L. For additional features, visit the drawdowns tool.
Volatility
AAVE-USD vs. MNTN.L - Volatility Comparison
Aave (AAVE-USD) has a higher volatility of 33.23% compared to Schiehallion Fund Ltd (MNTN.L) at 13.45%. This indicates that AAVE-USD's price experiences larger fluctuations and is considered to be riskier than MNTN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.