Eurite (EURI) is 32.7× the size of Anchored Coins AEUR (AEUR) by market capitalisation. Over the past 1 year, AEUR is ahead by 8.3 percentage points (AEUR +5.6% against EURI -2.7%). Their daily returns move barely together (correlation 0.10 across 303 shared trading days). AEUR has been the more volatile of the two, at 23% annualised against EURI's 9%.
AEUREURI
0.10over 303 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 | AEUR | EURI |
|---|---|---|
| Max drawdown (400d) | -11.4% | -9.3% |
| Risk-adjusted return (90d) | -0.12 | -0.34 |
| Best 30 days (past year) | — | +4.1% |
| Worst 30 days (past year) | — | -6.3% |
Relative strength over 90 days: AEUR outperformed EURI by 0.1% — measured on the AEUR/EURI ratio, so it holds regardless of market direction.