Ansem Cat (ANSEMCAT) and Cash Cat (CASHCAT) compared side by side. Over the past 30 days, CASHCAT is ahead by 55.3 percentage points (ANSEMCAT -92.0% against CASHCAT -36.7%). Their daily returns move barely in opposite directions (correlation -0.08 across 23 shared trading days). Both have run at a similar volatility, around 255% annualised.
ANSEMCATCASHCAT
-0.08over 23 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 | ANSEMCAT | CASHCAT |
|---|---|---|
| Max drawdown (400d) | -92.1% | -69.6% |
| Risk-adjusted return (90d) | -0.37 | -0.03 |
Relative strength over 90 days: CASHCAT outperformed ANSEMCAT by 87.3% — measured on the ANSEMCAT/CASHCAT ratio, so it holds regardless of market direction.