Dog (Bitcoin) (DOG) is 166.3× the size of BeB (BEB1M) by market capitalisation. Over the past 30 days, DOG is ahead by 1.6 percentage points (BEB1M -21.9% against DOG -20.4%). Their daily returns move loosely together (correlation 0.36 across 30 shared trading days). Both have run at a similar volatility, around 144% annualised.
BEB1MDOG
0.36over 30 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 | BEB1M | DOG |
|---|---|---|
| Max drawdown (400d) | -39.3% | -45.1% |
| Risk-adjusted return (90d) | -0.18 | 0.23 |
Relative strength over 90 days: BEB1M outperformed DOG by 18.3% — measured on the BEB1M/DOG ratio, so it holds regardless of market direction.