ETC-USD vs. AVAX-USD
Compare and contrast key facts about Ethereum Classic (ETC-USD) and Avalanche (AVAX-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ETC-USD or AVAX-USD.
Correlation
The correlation between ETC-USD and AVAX-USD is 0.62, 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
ETC-USD vs. AVAX-USD - Performance Comparison
Key characteristics
ETC-USD:
0.08
AVAX-USD:
0.18
ETC-USD:
0.68
AVAX-USD:
0.98
ETC-USD:
1.07
AVAX-USD:
1.09
ETC-USD:
0.01
AVAX-USD:
0.05
ETC-USD:
0.19
AVAX-USD:
0.54
ETC-USD:
30.66%
AVAX-USD:
30.48%
ETC-USD:
68.31%
AVAX-USD:
78.43%
ETC-USD:
-92.12%
AVAX-USD:
-93.48%
ETC-USD:
-79.50%
AVAX-USD:
-71.03%
Returns By Period
In the year-to-date period, ETC-USD achieves a 25.46% return, which is significantly higher than AVAX-USD's 1.25% return.
ETC-USD
25.46%
-7.21%
19.57%
31.66%
46.45%
N/A
AVAX-USD
1.25%
-5.93%
57.17%
-18.20%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
ETC-USD vs. AVAX-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ethereum Classic (ETC-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
ETC-USD vs. AVAX-USD - Drawdown Comparison
The maximum ETC-USD drawdown since its inception was -92.12%, roughly equal to the maximum AVAX-USD drawdown of -93.48%. Use the drawdown chart below to compare losses from any high point for ETC-USD and AVAX-USD. For additional features, visit the drawdowns tool.
Volatility
ETC-USD vs. AVAX-USD - Volatility Comparison
Ethereum Classic (ETC-USD) and Avalanche (AVAX-USD) have volatilities of 34.22% and 34.68%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.