XRP-USD vs. AVAX-USD
Compare and contrast key facts about Ripple (XRP-USD) and Avalanche (AVAX-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XRP-USD or AVAX-USD.
Correlation
The correlation between XRP-USD and AVAX-USD is 0.28, 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
Key characteristics
XRP-USD:
5.71
AVAX-USD:
0.10
XRP-USD:
4.40
AVAX-USD:
0.86
XRP-USD:
1.49
AVAX-USD:
1.08
XRP-USD:
5.48
AVAX-USD:
0.02
XRP-USD:
30.98
AVAX-USD:
0.25
XRP-USD:
19.91%
AVAX-USD:
37.68%
XRP-USD:
80.85%
AVAX-USD:
78.83%
XRP-USD:
-95.87%
AVAX-USD:
-93.48%
XRP-USD:
-34.36%
AVAX-USD:
-83.42%
Returns By Period
In the year-to-date period, XRP-USD achieves a 6.60% return, which is significantly higher than AVAX-USD's -37.41% return.
XRP-USD
6.60%
-9.55%
316.98%
320.43%
62.65%
N/A
AVAX-USD
-37.41%
-2.56%
-16.75%
-38.58%
N/A
N/A
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Risk-Adjusted Performance
XRP-USD vs. AVAX-USD — Risk-Adjusted Performance Rank
XRP-USD
AVAX-USD
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.
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 -93.48%. 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.
Volatility
XRP-USD vs. AVAX-USD - Volatility Comparison
The current volatility for Ripple (XRP-USD) is 24.12%, while Avalanche (AVAX-USD) has a volatility of 29.84%. 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.