HBAR-USD vs. AAVE-USD
HBAR-USD (HederaHashgraph) and AAVE-USD (Aave) are both cryptocurrencies. Over the past 5 years, HBAR-USD returned -18.47%/yr vs -18.78%/yr for AAVE-USD. A 0.61 correlation means they provide meaningful diversification when combined.
Performance
HBAR-USD vs. AAVE-USD - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with HBAR-USD having a -38.16% return and AAVE-USD slightly lower at -38.47%.
HBAR-USD
- 1D
- -1.32%
- 1M
- -19.17%
- 6M
- -44.63%
- YTD
- -38.16%
- 1Y
- -76.26%
- 3Y*
- 7.48%
- 5Y*
- -18.47%
- 10Y*
- —
AAVE-USD
- 1D
- -1.57%
- 1M
- 21.47%
- 6M
- -48.84%
- YTD
- -38.47%
- 1Y
- -72.13%
- 3Y*
- 7.56%
- 5Y*
- -18.78%
- 10Y*
- —
HBAR-USD vs. AAVE-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
HBAR-USD HederaHashgraph | -38.16% | -60.44% | 212.23% | 135.51% | -87.44% | 812.76% | 4.73% |
AAVE-USD Aave | -38.47% | -52.70% | 183.76% | 109.27% | -79.56% | 186.69% | 17,045.98% |
Correlation
The correlation between HBAR-USD and AAVE-USD is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Oct 2, 2020 | 0.61 |
The correlation between HBAR-USD and AAVE-USD has been stable across timeframes, ranging from 0.61 to 0.70 - a consistent structural relationship.
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Return for Risk
HBAR-USD vs. AAVE-USD — Risk / Return Rank
HBAR-USD
AAVE-USD
HBAR-USD vs. AAVE-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HederaHashgraph (HBAR-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.
| HBAR-USD | AAVE-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.24 | ||
| Sortino ratioReturn per unit of downside risk | -0.88 | ||
| Omega ratioGain probability vs. loss probability | 0.79 | 0.86 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.98 | -0.87 | -0.11 |
| Martin ratioReturn relative to average drawdown | -1.35 | -1.27 | -0.08 |
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Drawdowns
HBAR-USD vs. AAVE-USD - Drawdown Comparison
The maximum HBAR-USD drawdown since its inception was -97.58%, 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 HBAR-USD and AAVE-USD.
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Drawdown Indicators
| HBAR-USD | AAVE-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.58% | -92.10% | -5.48% |
Max Drawdown (1Y)Largest decline over 1 year | -77.49% | -82.96% | +5.47% |
Max Drawdown (3Y)Largest decline over 3 years | -82.48% | -84.08% | +1.60% |
Max Drawdown (5Y)Largest decline over 5 years | -92.79% | -88.40% | -4.39% |
Current DrawdownCurrent decline from peak | -87.02% | -85.73% | -1.29% |
Average DrawdownAverage peak-to-trough decline | -74.66% | -68.77% | -5.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 49.34% | 49.47% | -0.13% |
Volatility
HBAR-USD vs. AAVE-USD - Volatility Comparison
The current volatility for HederaHashgraph (HBAR-USD) is 12.45%, while Aave (AAVE-USD) has a volatility of 24.69%. This indicates that HBAR-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
| HBAR-USD | AAVE-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.45% | 24.69% | -12.24% |
Volatility (6M)Calculated over the trailing 6-month period | 40.54% | 59.15% | -18.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.06% | 70.51% | -10.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 84.59% | 82.03% | +2.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 107.92% | 3,518.27% | -3,410.35% |
Frequently Asked Questions
HBAR-USD and AAVE-USD have a correlation of 0.70, 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 (24.69%) compared to HBAR-USD (12.45%). In terms of maximum drawdown, HBAR-USD dropped -97.58% vs AAVE-USD's -92.10%.
AAVE-USD currently has the higher Sharpe Ratio (-0.85 vs -1.09), 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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