MATIC-USD vs. AVAX-USD
Compare and contrast key facts about Polygon USD (MATIC-USD) and Avalanche (AVAX-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MATIC-USD or AVAX-USD.
Correlation
The correlation between MATIC-USD and AVAX-USD is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
MATIC-USD vs. AVAX-USD - Performance Comparison
Key characteristics
MATIC-USD:
-0.83
AVAX-USD:
-0.49
MATIC-USD:
-1.49
AVAX-USD:
-0.26
MATIC-USD:
0.86
AVAX-USD:
0.98
MATIC-USD:
0.01
AVAX-USD:
0.00
MATIC-USD:
-1.93
AVAX-USD:
-1.42
MATIC-USD:
38.45%
AVAX-USD:
34.07%
MATIC-USD:
70.16%
AVAX-USD:
79.58%
MATIC-USD:
-92.85%
AVAX-USD:
-93.48%
MATIC-USD:
-92.50%
AVAX-USD:
-86.51%
Returns By Period
In the year-to-date period, MATIC-USD achieves a -51.97% return, which is significantly lower than AVAX-USD's -49.06% return.
MATIC-USD
-51.97%
-15.56%
-43.60%
-76.10%
80.56%
N/A
AVAX-USD
-49.06%
-16.32%
-30.71%
-60.91%
N/A
N/A
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Risk-Adjusted Performance
MATIC-USD vs. AVAX-USD — Risk-Adjusted Performance Rank
MATIC-USD
AVAX-USD
MATIC-USD vs. AVAX-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Polygon USD (MATIC-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
MATIC-USD vs. AVAX-USD - Drawdown Comparison
The maximum MATIC-USD drawdown since its inception was -92.85%, roughly equal to the maximum AVAX-USD drawdown of -93.48%. Use the drawdown chart below to compare losses from any high point for MATIC-USD and AVAX-USD. For additional features, visit the drawdowns tool.
Volatility
MATIC-USD vs. AVAX-USD - Volatility Comparison
The current volatility for Polygon USD (MATIC-USD) is NaN%, while Avalanche (AVAX-USD) has a volatility of NaN%. This indicates that MATIC-USD experiences smaller price fluctuations and is considered to be less risky than AVAX-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
User Portfolios with MATIC-USD or AVAX-USD
Recent discussions
Dividend Paying Stock Portfolio
4803heights
Dividend reinvestment
Ed
Bonds (BND and/or BNDX) are greatly favored over stocks by the optimizer
I have not seem many orange lines winning against original or benchmark no matter what I do. But the software seems to be doing something when all is stock or stock ETFs. However, Bonds and Stocks don't work well together. The moment I add BND or BNDX, the optimizer puts almost all of the weight in the bonds. I ran out of the free limit of calculations.
Maybe it's a message we all need to hear: invest in bond ETFs. Maybe I'm not using the tool correctly. Maybe there is something wrong with the tool.
I don't know.
-- Fred
Fred