AAVE-USD vs. MSFT
Compare and contrast key facts about Aave (AAVE-USD) and Microsoft Corporation (MSFT).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAVE-USD or MSFT.
Key characteristics
| AAVE-USD | MSFT | |
|---|---|---|
| YTD Return | 18.14% | 10.56% |
| 1Y Return | 121.25% | 28.98% |
| 3Y Return (Ann) | -29.79% | 12.34% |
| Sharpe Ratio | 0.54 | 1.52 |
| Daily Std Dev | 68.46% | 19.88% |
| Max Drawdown | -92.20% | -69.41% |
| Current Drawdown | -79.67% | -11.40% |
Correlation
The correlation between AAVE-USD and MSFT is 0.21, 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. MSFT - Performance Comparison
In the year-to-date period, AAVE-USD achieves a 18.14% return, which is significantly higher than MSFT's 10.56% 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. MSFT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Aave (AAVE-USD) and Microsoft Corporation (MSFT). 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. MSFT - Drawdown Comparison
The maximum AAVE-USD drawdown since its inception was -92.20%, which is greater than MSFT's maximum drawdown of -69.41%. Use the drawdown chart below to compare losses from any high point for AAVE-USD and MSFT. For additional features, visit the drawdowns tool.
Volatility
AAVE-USD vs. MSFT - Volatility Comparison
Aave (AAVE-USD) has a higher volatility of 28.07% compared to Microsoft Corporation (MSFT) at 5.74%. This indicates that AAVE-USD's price experiences larger fluctuations and is considered to be riskier than MSFT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.