AVAX-USD vs. BCH-USD
AVAX-USD (Avalanche) and BCH-USD (Bitcoin Cash) are both cryptocurrencies. Over the past 5 years, AVAX-USD returned -14.94%/yr vs -19.90%/yr for BCH-USD. A 0.60 correlation means they provide meaningful diversification when combined.
Performance
AVAX-USD vs. BCH-USD - Performance Comparison
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Returns By Period
In the year-to-date period, AVAX-USD achieves a -46.50% return, which is significantly higher than BCH-USD's -66.18% return.
AVAX-USD
- 1D
- -0.90%
- 1M
- -32.58%
- YTD
- -46.50%
- 6M
- -49.81%
- 1Y
- -67.59%
- 3Y*
- -17.69%
- 5Y*
- -14.94%
- 10Y*
- —
BCH-USD
- 1D
- -1.33%
- 1M
- -53.36%
- YTD
- -66.18%
- 6M
- -65.21%
- 1Y
- -52.28%
- 3Y*
- 24.32%
- 5Y*
- -19.90%
- 10Y*
- —
AVAX-USD vs. BCH-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AVAX-USD Avalanche | -46.50% | -65.48% | -7.43% | 253.44% | -90.05% | 3,388.95% | -32.04% |
BCH-USD Bitcoin Cash | -66.18% | 38.15% | 66.88% | 167.70% | -77.45% | 25.69% | 44.05% |
Correlation
The correlation between AVAX-USD and BCH-USD is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2020 | 0.60 |
The correlation between AVAX-USD and BCH-USD has been stable across timeframes, ranging from 0.56 to 0.63 - a consistent structural relationship.
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Return for Risk
AVAX-USD vs. BCH-USD — Risk / Return Rank
AVAX-USD
BCH-USD
AVAX-USD vs. BCH-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avalanche (AVAX-USD) and Bitcoin Cash (BCH-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.
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.
| AVAX-USD | BCH-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.10 | ||
| Sortino ratioReturn per unit of downside risk | -0.37 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 0.90 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.83 | -0.74 | -0.08 |
| Martin ratioReturn relative to average drawdown | -1.22 | -2.25 | +1.03 |
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Drawdowns
AVAX-USD vs. BCH-USD - Drawdown Comparison
The maximum AVAX-USD drawdown since its inception was -95.28%, roughly equal to the maximum BCH-USD drawdown of -97.96%. Use the drawdown chart below to compare losses from any high point for AVAX-USD and BCH-USD.
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Drawdown Indicators
| AVAX-USD | BCH-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.28% | -97.96% | +2.68% |
Max Drawdown (1Y)Largest decline over 1 year | -81.88% | -70.31% | -11.57% |
Max Drawdown (3Y)Largest decline over 3 years | -89.49% | -72.02% | -17.47% |
Max Drawdown (5Y)Largest decline over 5 years | -95.28% | -88.64% | -6.64% |
Current DrawdownCurrent decline from peak | -95.14% | -94.59% | -0.55% |
Average DrawdownAverage peak-to-trough decline | -70.17% | -86.07% | +15.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 61.70% | 27.17% | +34.53% |
Volatility
AVAX-USD vs. BCH-USD - Volatility Comparison
The current volatility for Avalanche (AVAX-USD) is 18.66%, while Bitcoin Cash (BCH-USD) has a volatility of 26.34%. This indicates that AVAX-USD experiences smaller price fluctuations and is considered to be less risky than BCH-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVAX-USD | BCH-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.66% | 26.34% | -7.68% |
Volatility (6M)Calculated over the trailing 6-month period | 47.64% | 50.21% | -2.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 65.84% | 57.78% | +8.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 84.36% | 70.17% | +14.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 96.79% | 97.90% | -1.11% |
Frequently Asked Questions
AVAX-USD and BCH-USD have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BCH-USD has higher volatility (26.34%) compared to AVAX-USD (18.66%). In terms of maximum drawdown, AVAX-USD dropped -95.28% vs BCH-USD's -97.96%.
BCH-USD currently has the higher Sharpe Ratio (-0.75 vs -0.86), 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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