DOT-USD vs. AVAX-USD
Compare and contrast key facts about Polkadot (DOT-USD) and Avalanche (AVAX-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DOT-USD or AVAX-USD.
Correlation
The correlation between DOT-USD and AVAX-USD is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
DOT-USD vs. AVAX-USD - Performance Comparison
Key characteristics
DOT-USD:
-0.14
AVAX-USD:
-0.14
DOT-USD:
0.41
AVAX-USD:
0.48
DOT-USD:
1.04
AVAX-USD:
1.04
DOT-USD:
0.01
AVAX-USD:
0.01
DOT-USD:
-0.35
AVAX-USD:
-0.37
DOT-USD:
35.19%
AVAX-USD:
36.72%
DOT-USD:
71.43%
AVAX-USD:
78.33%
DOT-USD:
-93.24%
AVAX-USD:
-93.48%
DOT-USD:
-85.74%
AVAX-USD:
-68.23%
Returns By Period
In the year-to-date period, DOT-USD achieves a -6.16% return, which is significantly lower than AVAX-USD's 11.05% return.
DOT-USD
-6.16%
28.02%
32.71%
14.50%
N/A
N/A
AVAX-USD
11.05%
20.75%
59.17%
7.49%
N/A
N/A
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Risk-Adjusted Performance
DOT-USD vs. AVAX-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Polkadot (DOT-USD) and Avalanche (AVAX-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
DOT-USD vs. AVAX-USD - Drawdown Comparison
The maximum DOT-USD drawdown since its inception was -93.24%, roughly equal to the maximum AVAX-USD drawdown of -93.48%. Use the drawdown chart below to compare losses from any high point for DOT-USD and AVAX-USD. For additional features, visit the drawdowns tool.
Volatility
DOT-USD vs. AVAX-USD - Volatility Comparison
Polkadot (DOT-USD) has a higher volatility of 40.78% compared to Avalanche (AVAX-USD) at 37.77%. This indicates that DOT-USD's price experiences larger fluctuations and is considered to be riskier than AVAX-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.