AVAX-USD vs. ADA-USD

In the year-to-date period, AVAX-USD achieves a -35.31% return, which is significantly lower than ADA-USD's -9.85% return.

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

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

The current AVAX-USD Sharpe Ratio is -0.40, which is lower than the ADA-USD Sharpe Ratio of 0.50. The chart below compares the historical Sharpe Ratios of AVAX-USD and ADA-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.

The maximum AVAX-USD drawdown since its inception was -93.47%, roughly equal to the maximum ADA-USD drawdown of -97.85%. Use the drawdown chart below to compare losses from any high point for AVAX-USD and ADA-USD. For additional features, visit the drawdowns tool.

Avalanche (AVAX-USD) has a higher volatility of 24.98% compared to Cardano (ADA-USD) at 21.40%. This indicates that AVAX-USD's price experiences larger fluctuations and is considered to be riskier than ADA-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.