Jito (JTO) is 5.0× the size of Ankr Network (ANKR) by market capitalisation. Over the past 1 year, ANKR is ahead by 0.6 percentage points (ANKR -56.4% against JTO -57.0%). Their daily returns move loosely together (correlation 0.50 across 399 shared trading days). JTO has been the more volatile of the two, at 127% annualised against ANKR's 73%.
ANKRJTO
0.50over 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 | ANKR | JTO |
|---|---|---|
| Max drawdown (400d) | -77.0% | -85.9% |
| Risk-adjusted return (90d) | 0.18 | -0.30 |
| Best 30 days (past year) | +42.1% | +109.1% |
| Worst 30 days (past year) | -41.8% | -51.6% |
Relative strength over 90 days: ANKR outperformed JTO by 65.2% — measured on the ANKR/JTO ratio, so it holds regardless of market direction.