Artificial Superintelligence Alliance (FET) is 116.7× the size of AI Network (AIN) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.12 across 40 shared trading days). Both have run at a similar volatility, around 119% annualised.
$0.157800
AINFET
-0.12over 40 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 | AIN | FET |
|---|---|---|
| Max drawdown (400d) | -13.5% | -80.0% |
| Risk-adjusted return (90d) | 0.18 | 0.09 |
| Best 30 days (past year) | — | +77.4% |
| Worst 30 days (past year) | — | -49.9% |
Relative strength over 90 days: AIN outperformed FET by 15.9% — measured on the AIN/FET ratio, so it holds regardless of market direction.