AVAX-USD vs. MKR-USD
Compare and contrast key facts about Avalanche (AVAX-USD) and Maker (MKR-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVAX-USD or MKR-USD.
Correlation
The correlation between AVAX-USD and MKR-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. MKR-USD - Performance Comparison
Key characteristics
AVAX-USD:
0.13
MKR-USD:
-0.34
AVAX-USD:
0.90
MKR-USD:
0.08
AVAX-USD:
1.09
MKR-USD:
1.01
AVAX-USD:
0.03
MKR-USD:
0.01
AVAX-USD:
0.33
MKR-USD:
-0.87
AVAX-USD:
38.22%
MKR-USD:
37.35%
AVAX-USD:
78.68%
MKR-USD:
77.09%
AVAX-USD:
-93.48%
MKR-USD:
-91.67%
AVAX-USD:
-83.36%
MKR-USD:
-75.63%
Returns By Period
In the year-to-date period, AVAX-USD achieves a -37.18% return, which is significantly lower than MKR-USD's -0.83% return.
AVAX-USD
-37.18%
10.06%
-12.86%
-34.88%
N/A
N/A
MKR-USD
-0.83%
2.23%
34.04%
-50.53%
34.30%
N/A
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Risk-Adjusted Performance
AVAX-USD vs. MKR-USD — Risk-Adjusted Performance Rank
AVAX-USD
MKR-USD
AVAX-USD vs. MKR-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avalanche (AVAX-USD) and Maker (MKR-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. MKR-USD - Drawdown Comparison
The maximum AVAX-USD drawdown since its inception was -93.48%, roughly equal to the maximum MKR-USD drawdown of -91.67%. Use the drawdown chart below to compare losses from any high point for AVAX-USD and MKR-USD. For additional features, visit the drawdowns tool.
Volatility
AVAX-USD vs. MKR-USD - Volatility Comparison
The current volatility for Avalanche (AVAX-USD) is 27.71%, while Maker (MKR-USD) has a volatility of 31.04%. This indicates that AVAX-USD experiences smaller price fluctuations and is considered to be less risky than MKR-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.