Genius (GENIUS) is 31.0× the size of AlphaBlockAI (ALPHA) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.20 across 34 shared trading days). ALPHA has been the more volatile of the two, at 247% annualised against GENIUS's 96%.
ALPHAGENIUS
-0.20over 34 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 | ALPHA | GENIUS |
|---|---|---|
| Max drawdown (400d) | -58.1% | -61.7% |
| Risk-adjusted return (90d) | -0.09 | -0.20 |
Relative strength over 90 days: GENIUS outperformed ALPHA by 19.3% — measured on the ALPHA/GENIUS ratio, so it holds regardless of market direction.