rsFIRO (RSFIRO) is 8.1× the size of Agent Wormhole (WORM) by market capitalisation. Their daily returns move loosely in opposite directions (correlation -0.38 across 24 shared trading days). WORM has been the more volatile of the two, at 623% annualised against RSFIRO's 90%.
WORMRSFIRO
-0.38over 24 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 | WORM | RSFIRO |
|---|---|---|
| Max drawdown (400d) | -73.6% | -26.1% |
| Risk-adjusted return (90d) | 0.08 | -0.25 |
Relative strength over 90 days: WORM outperformed RSFIRO by 161.3% — measured on the WORM/RSFIRO ratio, so it holds regardless of market direction.