CIWP.DE vs. AAVE-USD
CIWP.DE (CoinShares Physical Uniswap EUR ETP) is Cryptocurrency fund actively managed by CoinShares, while AAVE-USD (Aave) is a cryptocurrency. Over the past 3 years, CIWP.DE returned -21.43%/yr vs -1.88%/yr for AAVE-USD. At a 0.42 correlation, their price movements are largely independent.
Performance
CIWP.DE vs. AAVE-USD - Performance Comparison
Loading charts...
Different Trading Currencies
CIWP.DE is traded in EUR, while AAVE-USD is traded in USD. To make them comparable, the AAVE-USD values have been converted to EUR using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with CIWP.DE having a -54.69% return and AAVE-USD slightly lower at -56.03%.
CIWP.DE
- 1D
- -7.37%
- 1M
- -21.15%
- YTD
- -54.69%
- 6M
- -52.29%
- 1Y
- -59.04%
- 3Y*
- -21.43%
- 5Y*
- —
- 10Y*
- —
AAVE-USD
- 1D
- -11.03%
- 1M
- -32.04%
- YTD
- -56.03%
- 6M
- -65.39%
- 1Y
- -74.18%
- 3Y*
- -1.88%
- 5Y*
- -29.21%
- 10Y*
- —
CIWP.DE vs. AAVE-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CIWP.DE CoinShares Physical Uniswap EUR ETP | -54.69% | -60.70% | 82.28% | 43.15% | -29.71% |
AAVE-USD Aave | -56.03% | -58.31% | 192.40% | 107.80% | -67.35% |
Correlation
The correlation between CIWP.DE and AAVE-USD is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since May 5, 2022 | 0.42 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CIWP.DE vs. AAVE-USD — Risk / Return Rank
CIWP.DE
AAVE-USD
CIWP.DE vs. AAVE-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CoinShares Physical Uniswap EUR ETP (CIWP.DE) 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.
| CIWP.DE | AAVE-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.22 | ||
| Sortino ratioReturn per unit of downside risk | +0.73 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 0.84 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.77 | -0.91 | +0.14 |
| Martin ratioReturn relative to average drawdown | -1.16 | -1.49 | +0.33 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CIWP.DE | AAVE-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.65 | -0.87 | +0.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.30 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.25 | 0.03 | -0.28 |
Drawdowns
CIWP.DE vs. AAVE-USD - Drawdown Comparison
The maximum CIWP.DE drawdown since its inception was -86.95%, roughly equal to the maximum AAVE-USD drawdown of -91.09%. Use the drawdown chart below to compare losses from any high point for CIWP.DE and AAVE-USD.
Loading charts...
Drawdown Indicators
| CIWP.DE | AAVE-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.95% | -91.09% | +4.14% |
Max Drawdown (1Y)Largest decline over 1 year | -77.55% | -81.68% | +4.13% |
Max Drawdown (3Y)Largest decline over 3 years | -86.95% | -85.17% | -1.78% |
Max Drawdown (5Y)Largest decline over 5 years | — | -87.39% | — |
Current DrawdownCurrent decline from peak | -86.95% | -89.39% | +2.44% |
Average DrawdownAverage peak-to-trough decline | -48.11% | -66.31% | +18.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 51.24% | 53.01% | -1.77% |
Volatility
CIWP.DE vs. AAVE-USD - Volatility Comparison
CoinShares Physical Uniswap EUR ETP (CIWP.DE) has a higher volatility of 22.07% compared to Aave (AAVE-USD) at 18.84%. This indicates that CIWP.DE's price experiences larger fluctuations and is considered to be riskier than AAVE-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CIWP.DE | AAVE-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.07% | 18.84% | +3.23% |
Volatility (6M)Calculated over the trailing 6-month period | 55.47% | 59.32% | -3.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 91.32% | 70.92% | +20.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 94.63% | 82.18% | +12.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 94.63% | 3,543.17% | -3,448.54% |
Frequently Asked Questions
CIWP.DE and AAVE-USD have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for CIWP.DE and AAVE-USD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer