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 -22.28%/yr vs 11.19%/yr for MSFT. Their 0.20 correlation means their historical movements had little consistent relationship.
Performance
AAVE-USD vs. MSFT - Performance Comparison
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Returns By Period
In the year-to-date period, AAVE-USD achieves a -37.71% return, which is significantly lower than MSFT's -3.48% return.
AAVE-USD
- 1D
- -3.02%
- 1M
- 5.39%
- 6M
- -29.57%
- YTD
- -37.71%
- 1Y
- -64.40%
- 3Y*
- 12.12%
- 5Y*
- -22.28%
- 10Y*
- —
- ALL TIME*
- 142.74%
MSFT
- 1D
- 3.02%
- 1M
- 19.01%
- 6M
- 8.48%
- YTD
- -3.48%
- 1Y
- -10.62%
- 3Y*
- 12.25%
- 5Y*
- 11.19%
- 10Y*
- 24.97%
- ALL TIME*
- 25.16%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
AAVE-USD Aave | $23.86B | $22.36B | $21.99B |
| $17.39B | $14.79B | $16.23B |
AAVE-USD vs. MSFT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AAVE-USD Aave | -37.71% | -52.70% | 183.76% | 109.27% | -79.56% | 186.69% | 17,045.98% |
MSFT Microsoft Corporation | -3.48% | 15.58% | 12.93% | 58.19% | -28.02% | 52.48% | 4.96% |
Correlation
The correlation between AAVE-USD and MSFT is 0.14, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.14 |
Correlation (3Y) Balances recent behavior with more history. | 0.14 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.23 |
Correlation (All Time) Calculated using the full available price history since Oct 2, 2020 | 0.20 |
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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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AAVE-USD | MSFT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.37 | ||
| Sortino ratioReturn per unit of downside risk | -0.69 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 0.95 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.78 | -0.35 | -0.42 |
| Martin ratioReturn relative to average drawdown | -1.10 | -0.63 | -0.47 |
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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 | -82.96% | -34.50% | -48.46% |
Max Drawdown (3Y)Largest decline over 3 years | -84.08% | -34.50% | -49.58% |
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 | -85.55% | -13.73% | -71.82% |
Average DrawdownAverage peak-to-trough decline | -68.89% | -21.80% | -47.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 45.78% | 19.35% | +26.43% |
Volatility
AAVE-USD vs. MSFT - Volatility Comparison
Aave (AAVE-USD) has a higher volatility of 20.80% compared to Microsoft Corporation (MSFT) at 15.97%. 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 | 20.80% | 15.97% | +4.83% |
Volatility (6M)Calculated over the trailing 6-month period | 58.92% | 26.41% | +32.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 71.10% | 31.93% | +39.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 81.83% | 28.00% | +53.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3,505.86% | 27.62% | +3,478.24% |
Frequently Asked Questions
AAVE-USD and MSFT have a correlation of 0.14, 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 (20.80%) compared to MSFT (15.97%). In terms of maximum drawdown, AAVE-USD dropped -92.10% vs MSFT's -69.38%.
MSFT currently has the higher Sharpe Ratio (-0.39 vs -0.75), 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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