CHZ-USD vs. AAVE-USD
CHZ-USD (Chiliz) and AAVE-USD (Aave) are both cryptocurrencies. Over the past 5 years, CHZ-USD returned -45.63%/yr vs -22.28%/yr for AAVE-USD. Their 0.56 correlation means they have sometimes moved together and sometimes differently.
Performance
CHZ-USD vs. AAVE-USD - Performance Comparison
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Returns By Period
In the year-to-date period, CHZ-USD achieves a -70.14% return, which is significantly lower than AAVE-USD's -37.71% return.
CHZ-USD
- 1D
- -2.33%
- 1M
- -30.00%
- 6M
- -71.49%
- YTD
- -70.14%
- 1Y
- -66.75%
- 3Y*
- -45.16%
- 5Y*
- -45.63%
- 10Y*
- —
- ALL TIME*
- -4.32%
AAVE-USD
- 1D
- -3.02%
- 1M
- 5.39%
- 6M
- -29.57%
- YTD
- -37.71%
- 1Y
- -64.40%
- 3Y*
- 12.12%
- 5Y*
- -22.28%
- 10Y*
- —
- ALL TIME*
- 142.74%
Liquidity Comparison
CHZ-USD vs. AAVE-USD - Yearly Performance Comparison
Correlation
The correlation between CHZ-USD and AAVE-USD is 0.52, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.52 |
Correlation (3Y) Balances recent behavior with more history. | 0.59 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.61 |
Correlation (All Time) Calculated using the full available price history since Oct 2, 2020 | 0.56 |
The correlation between CHZ-USD and AAVE-USD has been stable across timeframes, ranging from 0.52 to 0.61 - a consistent structural relationship.
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Return for Risk
CHZ-USD vs. AAVE-USD — Risk / Return Rank
CHZ-USD
AAVE-USD
CHZ-USD vs. AAVE-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Chiliz (CHZ-USD) and Aave (AAVE-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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CHZ-USD | AAVE-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 0.90 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | -0.78 | -0.06 |
| Martin ratioReturn relative to average drawdown | -1.75 | -1.10 | -0.65 |
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Drawdowns
CHZ-USD vs. AAVE-USD - Drawdown Comparison
The maximum CHZ-USD drawdown since its inception was -98.37%, which is greater than AAVE-USD's maximum drawdown of -92.10%. Use the drawdown chart below to compare losses from any high point for CHZ-USD and AAVE-USD.
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Drawdown Indicators
| CHZ-USD | AAVE-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.37% | -92.10% | -6.27% |
Max Drawdown (1Y)Largest decline over 1 year | -79.64% | -82.96% | +3.32% |
Max Drawdown (3Y)Largest decline over 3 years | -92.43% | -84.08% | -8.35% |
Max Drawdown (5Y)Largest decline over 5 years | -97.77% | -88.40% | -9.37% |
Current DrawdownCurrent decline from peak | -98.37% | -85.55% | -12.82% |
Average DrawdownAverage peak-to-trough decline | -72.91% | -68.89% | -4.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.42% | 45.78% | -3.36% |
Volatility
CHZ-USD vs. AAVE-USD - Volatility Comparison
The current volatility for Chiliz (CHZ-USD) is 14.29%, while Aave (AAVE-USD) has a volatility of 20.80%. This indicates that CHZ-USD experiences smaller price fluctuations and is considered to be less risky than AAVE-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CHZ-USD | AAVE-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.29% | 20.80% | -6.51% |
Volatility (6M)Calculated over the trailing 6-month period | 62.88% | 58.92% | +3.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 75.44% | 71.10% | +4.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 83.75% | 81.83% | +1.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 109.02% | 3,505.86% | -3,396.84% |
Frequently Asked Questions
CHZ-USD and AAVE-USD have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AAVE-USD has higher volatility (20.80%) compared to CHZ-USD (14.29%). In terms of maximum drawdown, CHZ-USD dropped -98.37% vs AAVE-USD's -92.10%.
CHZ-USD currently has the higher Sharpe Ratio (-0.74 vs -0.75), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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