AVAX-USD vs. XRP-USD
Compare and contrast key facts about Avalanche (AVAX-USD) and Ripple (XRP-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVAX-USD or XRP-USD.
Correlation
The correlation between AVAX-USD and XRP-USD is 0.27, 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. XRP-USD - Performance Comparison
Key characteristics
AVAX-USD:
0.13
XRP-USD:
5.65
AVAX-USD:
0.90
XRP-USD:
4.39
AVAX-USD:
1.09
XRP-USD:
1.49
AVAX-USD:
0.03
XRP-USD:
5.42
AVAX-USD:
0.33
XRP-USD:
30.17
AVAX-USD:
38.22%
XRP-USD:
20.24%
AVAX-USD:
78.68%
XRP-USD:
80.77%
AVAX-USD:
-93.48%
XRP-USD:
-95.87%
AVAX-USD:
-83.36%
XRP-USD:
-35.07%
Returns By Period
In the year-to-date period, AVAX-USD achieves a -37.18% return, which is significantly lower than XRP-USD's 5.44% return.
AVAX-USD
-37.18%
10.06%
-12.86%
-34.88%
N/A
N/A
XRP-USD
5.44%
-0.50%
324.72%
323.58%
59.09%
N/A
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Risk-Adjusted Performance
AVAX-USD vs. XRP-USD — Risk-Adjusted Performance Rank
AVAX-USD
XRP-USD
AVAX-USD vs. XRP-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avalanche (AVAX-USD) and Ripple (XRP-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. XRP-USD - Drawdown Comparison
The maximum AVAX-USD drawdown since its inception was -93.48%, roughly equal to the maximum XRP-USD drawdown of -95.87%. Use the drawdown chart below to compare losses from any high point for AVAX-USD and XRP-USD. For additional features, visit the drawdowns tool.
Volatility
AVAX-USD vs. XRP-USD - Volatility Comparison
Avalanche (AVAX-USD) has a higher volatility of 28.84% compared to Ripple (XRP-USD) at 23.80%. This indicates that AVAX-USD's price experiences larger fluctuations and is considered to be riskier than XRP-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.