ApeCoin (APE) is 6.9× the size of Animecoin (ANIME) by market capitalisation. Over the past 1 year, ANIME is ahead by 5.5 percentage points (ANIME -61.5% against APE -67.0%). Their daily returns move loosely together (correlation 0.41 across 399 shared trading days). APE has been the more volatile of the two, at 117% annualised against ANIME's 101%.
ANIMEAPE
0.41over 399 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 | ANIME | APE |
|---|---|---|
| Max drawdown (400d) | -84.2% | -85.7% |
| Risk-adjusted return (90d) | 0.10 | -0.19 |
| Best 30 days (past year) | +49.5% | +113.9% |
| Worst 30 days (past year) | -44.7% | -47.6% |
Relative strength over 90 days: ANIME outperformed APE by 29.3% — measured on the ANIME/APE ratio, so it holds regardless of market direction.