1000SATS (Ordinals) (1000SATS) and ORDI (ORDI) compared side by side. Over the past 1 year, ORDI is ahead by 38.1 percentage points (1000SATS -53.4% against ORDI -15.3%). Their daily returns move closely together (correlation 0.80 across 399 shared trading days). ORDI has been the more volatile of the two, at 189% annualised against 1000SATS's 105%.
1000SATSORDI
0.80over 399 shared trading days
Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.
| Metric | 1000SATS | ORDI |
|---|---|---|
| Max drawdown (400d) | -78.0% | -75.7% |
| Risk-adjusted return (90d) | -0.07 | 0.01 |
| Best 30 days (past year) | +54.7% | +216.7% |
| Worst 30 days (past year) | -44.3% | -49.7% |
Relative strength over 90 days: ORDI outperformed 1000SATS by 6.0% — measured on the 1000SATS/ORDI ratio, so it holds regardless of market direction.