AVAX-USD vs. DOT-USD
Compare and contrast key facts about Avalanche (AVAX-USD) and Polkadot (DOT-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVAX-USD or DOT-USD.
Correlation
The correlation between AVAX-USD and DOT-USD is 0.30, 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. DOT-USD - Performance Comparison
Key characteristics
AVAX-USD:
0.17
DOT-USD:
-0.01
AVAX-USD:
0.95
DOT-USD:
0.66
AVAX-USD:
1.09
DOT-USD:
1.07
AVAX-USD:
0.05
DOT-USD:
0.00
AVAX-USD:
0.43
DOT-USD:
-0.02
AVAX-USD:
37.86%
DOT-USD:
38.52%
AVAX-USD:
78.80%
DOT-USD:
70.18%
AVAX-USD:
-93.48%
DOT-USD:
-93.75%
AVAX-USD:
-83.41%
DOT-USD:
-92.09%
Returns By Period
The year-to-date returns for both investments are quite close, with AVAX-USD having a -37.36% return and DOT-USD slightly higher at -35.73%.
AVAX-USD
-37.36%
1.41%
-10.18%
-37.17%
N/A
N/A
DOT-USD
-35.73%
-9.15%
6.95%
-37.86%
N/A
N/A
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Risk-Adjusted Performance
AVAX-USD vs. DOT-USD — Risk-Adjusted Performance Rank
AVAX-USD
DOT-USD
AVAX-USD vs. DOT-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avalanche (AVAX-USD) and Polkadot (DOT-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. DOT-USD - Drawdown Comparison
The maximum AVAX-USD drawdown since its inception was -93.48%, roughly equal to the maximum DOT-USD drawdown of -93.75%. Use the drawdown chart below to compare losses from any high point for AVAX-USD and DOT-USD. For additional features, visit the drawdowns tool.
Volatility
AVAX-USD vs. DOT-USD - Volatility Comparison
Avalanche (AVAX-USD) has a higher volatility of 29.09% compared to Polkadot (DOT-USD) at 21.89%. This indicates that AVAX-USD's price experiences larger fluctuations and is considered to be riskier than DOT-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.