Baron Von Whiskers (BARON) and Artificial Superintelligence Alliance (FET) compared side by side. Their daily returns move closely together (correlation 0.65 across 29 shared trading days). FET has been the more volatile of the two, at 118% annualised against BARON's 67%.
$0.164400
BARONFET
0.65over 29 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 | BARON | FET |
|---|---|---|
| Max drawdown (400d) | -26.9% | -80.0% |
| Risk-adjusted return (90d) | -0.31 | 0.09 |
| Best 30 days (past year) | — | +77.4% |
| Worst 30 days (past year) | — | -49.9% |
Relative strength over 90 days: BARON outperformed FET by 12.7% — measured on the BARON/FET ratio, so it holds regardless of market direction.