AVAX-USD vs. BNB-USD
Compare and contrast key facts about Avalanche (AVAX-USD) and Binance Coin (BNB-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVAX-USD or BNB-USD.
Correlation
The correlation between AVAX-USD and BNB-USD is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AVAX-USD vs. BNB-USD - Performance Comparison
Key characteristics
AVAX-USD:
-0.47
BNB-USD:
0.09
AVAX-USD:
0.31
BNB-USD:
0.87
AVAX-USD:
1.03
BNB-USD:
1.09
AVAX-USD:
0.01
BNB-USD:
0.15
AVAX-USD:
-0.58
BNB-USD:
1.43
AVAX-USD:
40.07%
BNB-USD:
12.87%
AVAX-USD:
78.30%
BNB-USD:
43.26%
AVAX-USD:
-93.48%
BNB-USD:
-80.10%
AVAX-USD:
-85.51%
BNB-USD:
-19.59%
Returns By Period
In the year-to-date period, AVAX-USD achieves a -45.28% return, which is significantly lower than BNB-USD's -13.94% return.
AVAX-USD
-45.28%
21.14%
-28.68%
-42.64%
N/A
N/A
BNB-USD
-13.94%
9.00%
0.81%
2.56%
104.41%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
AVAX-USD vs. BNB-USD — Risk-Adjusted Performance Rank
AVAX-USD
BNB-USD
AVAX-USD vs. BNB-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avalanche (AVAX-USD) and Binance Coin (BNB-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.
Drawdowns
AVAX-USD vs. BNB-USD - Drawdown Comparison
The maximum AVAX-USD drawdown since its inception was -93.48%, which is greater than BNB-USD's maximum drawdown of -80.10%. Use the drawdown chart below to compare losses from any high point for AVAX-USD and BNB-USD. For additional features, visit the drawdowns tool.
Volatility
AVAX-USD vs. BNB-USD - Volatility Comparison
Avalanche (AVAX-USD) has a higher volatility of 22.98% compared to Binance Coin (BNB-USD) at 8.41%. This indicates that AVAX-USD's price experiences larger fluctuations and is considered to be riskier than BNB-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.