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.
Correlation
The correlation between AAVE-USD and MSFT is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AAVE-USD vs. MSFT - Performance Comparison
Key characteristics
AAVE-USD:
0.76
MSFT:
-0.13
AAVE-USD:
1.81
MSFT:
-0.01
AAVE-USD:
1.17
MSFT:
1.00
AAVE-USD:
0.51
MSFT:
-0.13
AAVE-USD:
2.85
MSFT:
-0.30
AAVE-USD:
31.08%
MSFT:
10.51%
AAVE-USD:
87.85%
MSFT:
24.96%
AAVE-USD:
-92.20%
MSFT:
-69.39%
AAVE-USD:
-73.53%
MSFT:
-15.70%
Returns By Period
In the year-to-date period, AAVE-USD achieves a -45.63% return, which is significantly lower than MSFT's -6.85% return.
AAVE-USD
-45.63%
-5.47%
21.75%
83.19%
N/A
N/A
MSFT
-6.85%
0.48%
-8.11%
-1.05%
18.64%
24.96%
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Risk-Adjusted Performance
AAVE-USD vs. MSFT — Risk-Adjusted Performance Rank
AAVE-USD
MSFT
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 -69.39%. 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 32.66% compared to Microsoft Corporation (MSFT) at 13.57%. 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.