XTZ-USD vs. AVAX-USD
XTZ-USD (Tezos) and AVAX-USD (Avalanche) are both cryptocurrencies. Over the past 5 years, XTZ-USD returned -42.35%/yr vs -13.80%/yr for AVAX-USD. Their 0.69 correlation means they have sometimes moved together and sometimes differently.
Performance
XTZ-USD vs. AVAX-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XTZ-USD achieves a -59.66% return, which is significantly lower than AVAX-USD's -49.67% return.
XTZ-USD
- 1D
- -0.94%
- 1M
- -7.04%
- 6M
- -57.32%
- YTD
- -59.66%
- 1Y
- -73.60%
- 3Y*
- -37.97%
- 5Y*
- -42.35%
- 10Y*
- —
- ALL TIME*
- -8.58%
AVAX-USD
- 1D
- -2.83%
- 1M
- -8.84%
- 6M
- -38.77%
- YTD
- -49.67%
- 1Y
- -71.24%
- 3Y*
- -20.97%
- 5Y*
- -13.80%
- 10Y*
- —
- ALL TIME*
- 4.98%
Liquidity Comparison
XTZ-USD vs. AVAX-USD - Yearly Performance Comparison
Correlation
The correlation between XTZ-USD and AVAX-USD is 0.72, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.72 |
Correlation (3Y) Balances recent behavior with more history. | 0.74 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.71 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2020 | 0.69 |
The correlation between XTZ-USD and AVAX-USD has been stable across timeframes, ranging from 0.69 to 0.74 - 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
XTZ-USD vs. AVAX-USD — Risk / Return Rank
XTZ-USD
AVAX-USD
XTZ-USD vs. AVAX-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tezos (XTZ-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.
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.
| XTZ-USD | AVAX-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.12 | ||
| Sortino ratioReturn per unit of downside risk | -0.49 | ||
| Omega ratioGain probability vs. loss probability | 0.80 | 0.84 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.94 | -0.86 | -0.09 |
| Martin ratioReturn relative to average drawdown | -1.43 | -1.13 | -0.30 |
Loading charts...
Drawdowns
XTZ-USD vs. AVAX-USD - Drawdown Comparison
The maximum XTZ-USD drawdown since its inception was -98.12%, roughly equal to the maximum AVAX-USD drawdown of -95.65%. Use the drawdown chart below to compare losses from any high point for XTZ-USD and AVAX-USD.
Loading charts...
Drawdown Indicators
| XTZ-USD | AVAX-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.12% | -95.65% | -2.47% |
Max Drawdown (1Y)Largest decline over 1 year | -78.00% | -83.27% | +5.27% |
Max Drawdown (3Y)Largest decline over 3 years | -88.88% | -90.29% | +1.41% |
Max Drawdown (5Y)Largest decline over 5 years | -97.71% | -95.65% | -2.06% |
Current DrawdownCurrent decline from peak | -98.12% | -95.42% | -2.70% |
Average DrawdownAverage peak-to-trough decline | -79.66% | -70.76% | -8.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.68% | 39.02% | +2.66% |
Volatility
XTZ-USD vs. AVAX-USD - Volatility Comparison
Tezos (XTZ-USD) has a higher volatility of 20.99% compared to Avalanche (AVAX-USD) at 14.70%. This indicates that XTZ-USD's price experiences larger fluctuations and is considered to be riskier than AVAX-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XTZ-USD | AVAX-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.99% | 14.70% | +6.29% |
Volatility (6M)Calculated over the trailing 6-month period | 47.24% | 45.91% | +1.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.82% | 64.56% | -5.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 76.90% | 83.49% | -6.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 105.33% | 95.94% | +9.39% |
Frequently Asked Questions
XTZ-USD and AVAX-USD have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XTZ-USD has higher volatility (20.99%) compared to AVAX-USD (14.70%). In terms of maximum drawdown, XTZ-USD dropped -98.12% vs AVAX-USD's -95.65%.
AVAX-USD currently has the higher Sharpe Ratio (-0.92 vs -1.04), 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.
Find the right allocation for XTZ-USD 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