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XRP-USD vs. AVAX-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between XRP-USD and AVAX-USD is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

XRP-USD vs. AVAX-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ripple (XRP-USD) and Avalanche (AVAX-USD). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

XRP-USD:

3.68

AVAX-USD:

-0.35

Sortino Ratio

XRP-USD:

4.80

AVAX-USD:

0.93

Omega Ratio

XRP-USD:

1.54

AVAX-USD:

1.09

Calmar Ratio

XRP-USD:

7.41

AVAX-USD:

0.04

Martin Ratio

XRP-USD:

36.84

AVAX-USD:

0.33

Ulcer Index

XRP-USD:

21.78%

AVAX-USD:

41.39%

Daily Std Dev

XRP-USD:

81.53%

AVAX-USD:

79.36%

Max Drawdown

XRP-USD:

-95.87%

AVAX-USD:

-93.47%

Current Drawdown

XRP-USD:

-29.51%

AVAX-USD:

-82.84%

Returns By Period

In the year-to-date period, XRP-USD achieves a 14.46% return, which is significantly higher than AVAX-USD's -35.30% return.


XRP-USD

YTD

14.46%

1M

15.22%

6M

112.76%

1Y

354.56%

5Y*

63.32%

10Y*

80.12%

AVAX-USD

YTD

-35.30%

1M

21.29%

6M

-34.24%

1Y

-36.60%

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

XRP-USD vs. AVAX-USD — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XRP-USD
The Risk-Adjusted Performance Rank of XRP-USD is 100100
Overall Rank
The Sharpe Ratio Rank of XRP-USD is 100100
Sharpe Ratio Rank
The Sortino Ratio Rank of XRP-USD is 100100
Sortino Ratio Rank
The Omega Ratio Rank of XRP-USD is 100100
Omega Ratio Rank
The Calmar Ratio Rank of XRP-USD is 100100
Calmar Ratio Rank
The Martin Ratio Rank of XRP-USD is 100100
Martin Ratio Rank

AVAX-USD
The Risk-Adjusted Performance Rank of AVAX-USD is 4040
Overall Rank
The Sharpe Ratio Rank of AVAX-USD is 4444
Sharpe Ratio Rank
The Sortino Ratio Rank of AVAX-USD is 3737
Sortino Ratio Rank
The Omega Ratio Rank of AVAX-USD is 3737
Omega Ratio Rank
The Calmar Ratio Rank of AVAX-USD is 4040
Calmar Ratio Rank
The Martin Ratio Rank of AVAX-USD is 4040
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

XRP-USD vs. AVAX-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Ripple (XRP-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.


The current XRP-USD Sharpe Ratio is 3.68, which is higher than the AVAX-USD Sharpe Ratio of -0.35. The chart below compares the historical Sharpe Ratios of XRP-USD and AVAX-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Drawdowns

XRP-USD vs. AVAX-USD - Drawdown Comparison

The maximum XRP-USD drawdown since its inception was -95.87%, roughly equal to the maximum AVAX-USD drawdown of -93.47%. Use the drawdown chart below to compare losses from any high point for XRP-USD and AVAX-USD. For additional features, visit the drawdowns tool.


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Volatility

XRP-USD vs. AVAX-USD - Volatility Comparison

The current volatility for Ripple (XRP-USD) is 17.51%, while Avalanche (AVAX-USD) has a volatility of 24.32%. This indicates that XRP-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.


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