AAVE-USD vs. MSFT
AAVE-USD (Aave) is a cryptocurrency, while MSFT (Microsoft Corporation) is a stock. Over the past 5 years, AAVE-USD returned -29.68%/yr vs 11.60%/yr for MSFT. At a 0.21 correlation, their price movements are largely independent.
Performance
AAVE-USD vs. MSFT - Performance Comparison
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Returns By Period
In the year-to-date period, AAVE-USD achieves a -56.87% return, which is significantly lower than MSFT's -13.46% return.
AAVE-USD
- 1D
- -11.74%
- 1M
- -33.35%
- YTD
- -56.87%
- 6M
- -65.75%
- 1Y
- -74.01%
- 3Y*
- 0.59%
- 5Y*
- -29.68%
- 10Y*
- —
MSFT
- 1D
- -2.66%
- 1M
- 0.87%
- YTD
- -13.46%
- 6M
- -13.38%
- 1Y
- -10.20%
- 3Y*
- 8.53%
- 5Y*
- 11.60%
- 10Y*
- 24.64%
AAVE-USD vs. MSFT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AAVE-USD Aave | -56.87% | -52.70% | 183.76% | 109.27% | -79.56% | 186.69% | 17,045.98% |
MSFT Microsoft Corporation | -13.46% | 15.58% | 12.93% | 58.19% | -28.02% | 52.48% | 8.15% |
Correlation
The correlation between AAVE-USD and MSFT is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Oct 3, 2020 | 0.21 |
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Return for Risk
AAVE-USD vs. MSFT — Risk / Return Rank
AAVE-USD
MSFT
AAVE-USD vs. MSFT - Risk-Adjusted Trends 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.
| AAVE-USD | MSFT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.47 | ||
| Sortino ratioReturn per unit of downside risk | -1.19 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 0.95 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.90 | -0.30 | -0.60 |
| Martin ratioReturn relative to average drawdown | -1.46 | -0.64 | -0.83 |
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 | MSFT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.87 | -0.41 | -0.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.30 | 0.44 | -0.73 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.91 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.03 | 0.74 | -0.71 |
Drawdowns
AAVE-USD vs. MSFT - Drawdown Comparison
The maximum AAVE-USD drawdown since its inception was -92.10%, which is greater than MSFT's maximum drawdown of -69.38%. Use the drawdown chart below to compare losses from any high point for AAVE-USD and MSFT.
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Drawdown Indicators
| AAVE-USD | MSFT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.10% | -69.38% | -22.72% |
Max Drawdown (1Y)Largest decline over 1 year | -82.43% | -33.91% | -48.52% |
Max Drawdown (3Y)Largest decline over 3 years | -83.58% | -33.91% | -49.67% |
Max Drawdown (5Y)Largest decline over 5 years | -88.40% | -37.15% | -51.25% |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.15% | — |
Current DrawdownCurrent decline from peak | -90.00% | -22.65% | -67.35% |
Average DrawdownAverage peak-to-trough decline | -68.44% | -21.78% | -46.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 53.16% | 16.07% | +37.09% |
Volatility
AAVE-USD vs. MSFT - Volatility Comparison
Aave (AAVE-USD) has a higher volatility of 19.39% compared to Microsoft Corporation (MSFT) at 10.32%. 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.
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Volatility by Period
| AAVE-USD | MSFT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.39% | 10.32% | +9.07% |
Volatility (6M)Calculated over the trailing 6-month period | 57.58% | 22.34% | +35.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 70.70% | 25.25% | +45.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 83.12% | 26.63% | +56.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3,554.58% | 27.05% | +3,527.53% |
Frequently Asked Questions
AAVE-USD and MSFT have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AAVE-USD has higher volatility (19.39%) compared to MSFT (10.32%). In terms of maximum drawdown, AAVE-USD dropped -92.10% vs MSFT's -69.38%.
MSFT currently has the higher Sharpe Ratio (-0.41 vs -0.87), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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