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AVAX-USD vs. MKR-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

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.


-0.50.00.51.0
Correlation: 0.3

Performance

AVAX-USD vs. MKR-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avalanche (AVAX-USD) and Maker (MKR-USD). The values are adjusted to include any dividend payments, if applicable.

0.00%200.00%400.00%600.00%800.00%NovemberDecember2025FebruaryMarchApril
262.51%
154.99%
AVAX-USD
MKR-USD

Key characteristics

Sharpe Ratio

AVAX-USD:

0.13

MKR-USD:

-0.34

Sortino Ratio

AVAX-USD:

0.90

MKR-USD:

0.08

Omega Ratio

AVAX-USD:

1.09

MKR-USD:

1.01

Calmar Ratio

AVAX-USD:

0.03

MKR-USD:

0.01

Martin Ratio

AVAX-USD:

0.33

MKR-USD:

-0.87

Ulcer Index

AVAX-USD:

38.22%

MKR-USD:

37.35%

Daily Std Dev

AVAX-USD:

78.68%

MKR-USD:

77.09%

Max Drawdown

AVAX-USD:

-93.48%

MKR-USD:

-91.67%

Current Drawdown

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

YTD

-37.18%

1M

10.06%

6M

-12.86%

1Y

-34.88%

5Y*

N/A

10Y*

N/A

MKR-USD

YTD

-0.83%

1M

2.23%

6M

34.04%

1Y

-50.53%

5Y*

34.30%

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

AVAX-USD vs. MKR-USD — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AVAX-USD
The Risk-Adjusted Performance Rank of AVAX-USD is 5656
Overall Rank
The Sharpe Ratio Rank of AVAX-USD is 5858
Sharpe Ratio Rank
The Sortino Ratio Rank of AVAX-USD is 5454
Sortino Ratio Rank
The Omega Ratio Rank of AVAX-USD is 5353
Omega Ratio Rank
The Calmar Ratio Rank of AVAX-USD is 5656
Calmar Ratio Rank
The Martin Ratio Rank of AVAX-USD is 5858
Martin Ratio Rank

MKR-USD
The Risk-Adjusted Performance Rank of MKR-USD is 2626
Overall Rank
The Sharpe Ratio Rank of MKR-USD is 1818
Sharpe Ratio Rank
The Sortino Ratio Rank of MKR-USD is 2323
Sortino Ratio Rank
The Omega Ratio Rank of MKR-USD is 2323
Omega Ratio Rank
The Calmar Ratio Rank of MKR-USD is 4646
Calmar Ratio Rank
The Martin Ratio Rank of MKR-USD is 2020
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The chart of Sharpe ratio for AVAX-USD, currently valued at 0.11, compared to the broader market0.001.002.003.004.00
AVAX-USD: 0.11
MKR-USD: -0.34
The chart of Sortino ratio for AVAX-USD, currently valued at 0.88, compared to the broader market0.001.002.003.004.00
AVAX-USD: 0.88
MKR-USD: 0.08
The chart of Omega ratio for AVAX-USD, currently valued at 1.09, compared to the broader market1.001.101.201.301.40
AVAX-USD: 1.09
MKR-USD: 1.01
The chart of Calmar ratio for AVAX-USD, currently valued at 0.03, compared to the broader market1.002.003.004.00
AVAX-USD: 0.03
MKR-USD: 0.01
The chart of Martin ratio for AVAX-USD, currently valued at 0.30, compared to the broader market0.005.0010.0015.0020.0025.00
AVAX-USD: 0.30
MKR-USD: -0.87

The current AVAX-USD Sharpe Ratio is 0.13, which is higher than the MKR-USD Sharpe Ratio of -0.34. The chart below compares the historical Sharpe Ratios of AVAX-USD and MKR-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.50NovemberDecember2025FebruaryMarchApril
0.11
-0.34
AVAX-USD
MKR-USD

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.


-90.00%-85.00%-80.00%-75.00%-70.00%-65.00%-60.00%-55.00%NovemberDecember2025FebruaryMarchApril
-83.36%
-75.63%
AVAX-USD
MKR-USD

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.


20.00%25.00%30.00%35.00%40.00%NovemberDecember2025FebruaryMarchApril
27.71%
31.04%
AVAX-USD
MKR-USD