ADA-USD vs. AVAX-USD

Last updated Apr 3, 2026

Compare and contrast key facts about Cardano (ADA-USD) and Avalanche (AVAX-USD).

Performance

ADA-USD vs. AVAX-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cardano (ADA-USD) and Avalanche (AVAX-USD). The values are adjusted to include any dividend payments, if applicable.

ADA-USD vs. AVAX-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ADA-USD Cardano	-28.06%	-60.53%	42.06%	141.64%	-81.22%	621.17%	46.10%
AVAX-USD Avalanche	-28.62%	-65.48%	-7.43%	253.44%	-90.05%	3,388.95%	-35.96%

Returns By Period

The year-to-date returns for both stocks are quite close, with ADA-USD having a -28.06% return and AVAX-USD slightly lower at -28.62%.

ADA-USD

• 1D: -3.58%
• 1M: -8.80%
• YTD: -28.06%
• 6M: -72.51%
• 1Y: -62.58%
• 3Y*: -14.79%
• 5Y*: -27.11%
• 10Y*: —

AVAX-USD

• 1D: -3.83%
• 1M: -4.36%
• YTD: -28.62%
• 6M: -71.67%
• 1Y: -51.20%
• 3Y*: -19.94%
• 5Y*: -20.84%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

ADA-USD vs. AVAX-USD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ADA-USD

ADA-USD Risk / Return Rank: 28
ADA-USD Sharpe Ratio Rank: 21
ADA-USD Sortino Ratio Rank: 27
ADA-USD Omega Ratio Rank: 29
ADA-USD Calmar Ratio Rank: 29
ADA-USD Martin Ratio Rank: 36

AVAX-USD

AVAX-USD Risk / Return Rank: 53
AVAX-USD Sharpe Ratio Rank: 44
AVAX-USD Sortino Ratio Rank: 46
AVAX-USD Omega Ratio Rank: 46
AVAX-USD Calmar Ratio Rank: 62
AVAX-USD Martin Ratio Rank: 66

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ADA-USD vs. AVAX-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cardano (ADA-USD) and Avalanche (AVAX-USD). 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.

	ADA-USD	AVAX-USD	Difference
Sharpe ratio Return per unit of total volatility	-0.79	-0.60	-0.18
Sortino ratio Return per unit of downside risk	-1.20	-0.58	-0.62
Omega ratio Gain probability vs. loss probability	0.89	0.94	-0.05
Calmar ratio Return relative to maximum drawdown	-1.10	-1.00	-0.11
Martin ratio Return relative to average drawdown	-1.63	-1.42	-0.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ADA-USD vs. AVAX-USD - Sharpe Ratio Comparison

The current ADA-USD Sharpe Ratio is -0.79, which is lower than the AVAX-USD Sharpe Ratio of -0.60. The chart below compares the historical Sharpe Ratios of ADA-USD and AVAX-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ADA-USD	AVAX-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.79	-0.60	-0.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.29	-0.19	-0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.09	+0.12

Correlation

The correlation between ADA-USD and AVAX-USD is 0.72, 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.

Drawdowns

ADA-USD vs. AVAX-USD - Drawdown Comparison

The maximum ADA-USD drawdown since its inception was -97.85%, roughly equal to the maximum AVAX-USD drawdown of -93.88%. Use the drawdown chart below to compare losses from any high point for ADA-USD and AVAX-USD.

Drawdown Indicators

	ADA-USD	AVAX-USD	Difference
Max Drawdown Largest peak-to-trough decline	-97.85%	-93.88%	-3.97%
Max Drawdown (1Y) Largest decline over 1 year	-75.08%	-76.48%	+1.40%
Max Drawdown (5Y) Largest decline over 5 years	-91.93%	-93.88%	+1.95%
Current Drawdown Current decline from peak	-91.93%	-93.51%	+1.58%
Average Drawdown Average peak-to-trough decline	-77.24%	-69.39%	-7.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	50.64%	53.51%	-2.87%

Volatility

ADA-USD vs. AVAX-USD - Volatility Comparison

Cardano (ADA-USD) and Avalanche (AVAX-USD) have volatilities of 16.88% and 16.79%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ADA-USD	AVAX-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.88%	16.79%	+0.09%
Volatility (6M) Calculated over the trailing 6-month period	60.15%	62.21%	-2.06%
Volatility (1Y) Calculated over the trailing 1-year period	66.36%	71.10%	-4.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	78.61%	89.20%	-10.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	103.79%	98.08%	+5.71%