AVAX-USD vs. ETH-USD
Compare and contrast key facts about Avalanche (AVAX-USD) and Ethereum (ETH-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVAX-USD or ETH-USD.
Correlation
The correlation between AVAX-USD and ETH-USD is 0.35, 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. ETH-USD - Performance Comparison
Key characteristics
AVAX-USD:
-0.47
ETH-USD:
-0.56
AVAX-USD:
0.31
ETH-USD:
-0.45
AVAX-USD:
1.03
ETH-USD:
0.95
AVAX-USD:
0.01
ETH-USD:
0.03
AVAX-USD:
-0.58
ETH-USD:
-1.22
AVAX-USD:
40.07%
ETH-USD:
31.31%
AVAX-USD:
78.30%
ETH-USD:
58.90%
AVAX-USD:
-93.48%
ETH-USD:
-93.96%
AVAX-USD:
-85.51%
ETH-USD:
-62.35%
Returns By Period
The year-to-date returns for both stocks are quite close, with AVAX-USD having a -45.28% return and ETH-USD slightly lower at -45.64%.
AVAX-USD
-45.28%
21.14%
-28.68%
-42.64%
N/A
N/A
ETH-USD
-45.64%
23.02%
-37.44%
-39.08%
53.68%
N/A
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Risk-Adjusted Performance
AVAX-USD vs. ETH-USD — Risk-Adjusted Performance Rank
AVAX-USD
ETH-USD
AVAX-USD vs. ETH-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avalanche (AVAX-USD) and Ethereum (ETH-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. ETH-USD - Drawdown Comparison
The maximum AVAX-USD drawdown since its inception was -93.48%, roughly equal to the maximum ETH-USD drawdown of -93.96%. Use the drawdown chart below to compare losses from any high point for AVAX-USD and ETH-USD. For additional features, visit the drawdowns tool.
Volatility
AVAX-USD vs. ETH-USD - Volatility Comparison
Avalanche (AVAX-USD) has a higher volatility of 22.98% compared to Ethereum (ETH-USD) at 21.57%. This indicates that AVAX-USD's price experiences larger fluctuations and is considered to be riskier than ETH-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.