IQ (IQ) is 383.1× the size of aarna afi 802v2 (AFI 802V2) by market capitalisation. Their daily returns move closely together (correlation 0.73 across 31 shared trading days). Both have run at a similar volatility, around 59% annualised.
AFI 802V2IQ
0.73over 31 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 | AFI 802V2 | IQ |
|---|---|---|
| Max drawdown (400d) | -21.8% | -82.2% |
| Risk-adjusted return (90d) | -0.37 | 0.13 |
| Best 30 days (past year) | — | +68.1% |
| Worst 30 days (past year) | — | -34.4% |
Relative strength over 90 days: IQ outperformed AFI 802V2 by 2.4% — measured on the AFI 802V2/IQ ratio, so it holds regardless of market direction.