V21A.DE vs. AVAX-USD
V21A.DE (21Shares Avalanche Staking ETP) is Cryptocurrency fund actively managed by 21Shares, while AVAX-USD (Avalanche) is a cryptocurrency. Over the past 3 years, V21A.DE returned -22.35%/yr vs -24.10%/yr for AVAX-USD. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
V21A.DE vs. AVAX-USD - Performance Comparison
Loading charts...
Different Trading Currencies
V21A.DE is traded in EUR, while AVAX-USD is traded in USD. To make them comparable, the AVAX-USD values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, V21A.DE achieves a -36.99% return, which is significantly higher than AVAX-USD's -42.80% return.
V21A.DE
- 1D
- -5.20%
- 1M
- -17.78%
- YTD
- -36.99%
- 6M
- -42.42%
- 1Y
- -62.26%
- 3Y*
- -22.35%
- 5Y*
- —
- 10Y*
- —
AVAX-USD
- 1D
- -9.67%
- 1M
- -26.86%
- YTD
- -42.80%
- 6M
- -47.18%
- 1Y
- -63.46%
- 3Y*
- -24.10%
- 5Y*
- -16.78%
- 10Y*
- —
V21A.DE vs. AVAX-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
V21A.DE 21Shares Avalanche Staking ETP | -36.99% | -70.28% | -9.12% | 264.15% | -87.29% |
AVAX-USD Avalanche | -42.80% | -69.58% | -5.47% | 258.56% | -86.67% |
Correlation
The correlation between V21A.DE and AVAX-USD is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Apr 7, 2022 | 0.51 |
The correlation between V21A.DE and AVAX-USD has been stable across timeframes, ranging from 0.48 to 0.51 - a consistent structural relationship.
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
V21A.DE vs. AVAX-USD — Risk / Return Rank
V21A.DE
AVAX-USD
V21A.DE vs. AVAX-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for 21Shares Avalanche Staking ETP (V21A.DE) 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.
| V21A.DE | AVAX-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.29 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 0.88 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.82 | -0.79 | -0.03 |
| Martin ratioReturn relative to average drawdown | -1.19 | -1.17 | -0.02 |
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
| V21A.DE | AVAX-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.88 | -0.80 | -0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.17 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.50 | 0.05 | -0.55 |
Drawdowns
V21A.DE vs. AVAX-USD - Drawdown Comparison
The maximum V21A.DE drawdown since its inception was -92.58%, roughly equal to the maximum AVAX-USD drawdown of -95.03%. Use the drawdown chart below to compare losses from any high point for V21A.DE and AVAX-USD.
Loading charts...
Drawdown Indicators
| V21A.DE | AVAX-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.58% | -95.03% | +2.45% |
Max Drawdown (1Y)Largest decline over 1 year | -77.92% | -79.94% | +2.02% |
Max Drawdown (3Y)Largest decline over 3 years | -89.24% | -89.27% | +0.03% |
Max Drawdown (5Y)Largest decline over 5 years | — | -95.03% | — |
Current DrawdownCurrent decline from peak | -92.58% | -95.03% | +2.45% |
Average DrawdownAverage peak-to-trough decline | -75.56% | -69.63% | -5.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 54.08% | 60.89% | -6.81% |
Volatility
V21A.DE vs. AVAX-USD - Volatility Comparison
The current volatility for 21Shares Avalanche Staking ETP (V21A.DE) is 14.32%, while Avalanche (AVAX-USD) has a volatility of 16.40%. This indicates that V21A.DE 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.
Loading charts...
Volatility by Period
| V21A.DE | AVAX-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.32% | 16.40% | -2.08% |
Volatility (6M)Calculated over the trailing 6-month period | 46.44% | 47.16% | -0.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 72.59% | 66.29% | +6.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 90.79% | 83.72% | +7.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 90.79% | 96.86% | -6.07% |
Frequently Asked Questions
V21A.DE and AVAX-USD have a correlation of 0.48, 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 V21A.DE and AVAX-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