BeB vs cat in a dogs world

cat in a dogs world (MEW) is 65.7× the size of BeB (BEB1M) by market capitalisation. Over the past 30 days, MEW is ahead by 17.0 percentage points (BEB1M -21.9% against MEW -4.9%). Their daily returns move loosely together (correlation 0.42 across 34 shared trading days). BEB1M has been the more volatile of the two, at 141% annualised against MEW's 99%.

Correlation: 0.42
Size ratio: 1 : 65.7
Ahead over 30 days: MEW

BeBBEB1M

$0.000507

24h: +0.98%
Market cap: $506,851
Volume 24h: $4,906
Volatility (ann.): 141%

cat in a dogs worldMEW

$0.000375

24h: -3.15%
Market cap: $33.32M
Volume 24h: $3.61M
Volatility (ann.): 99%

BEB1M 1.5%Share of the two combined market caps98.5% MEW

Performance

BEB1MMEW

7 days+0.49%-11.24%BEB1M
30 days-21.94%-4.93%MEW

Correlation

0.42over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3990d: insufficient data1y: insufficient data

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.

Risk & extremes

Metric	BEB1M	MEW
Max drawdown (400d)	-39.3%	-24.8%
Risk-adjusted return (90d)	-0.18	-0.09

Relative strength over 90 days: MEW outperformed BEB1M by 20.3% — measured on the BEB1M/MEW ratio, so it holds regardless of market direction.

BeB →cat in a dogs world →