XRP (XRP) is 46081.7× the size of Bellscoin (BELLS) by market capitalisation. Over the past 1 year, XRP is ahead by 42.5 percentage points (BELLS -87.2% against XRP -44.7%). Their daily returns move loosely together (correlation 0.36 across 365 shared trading days). BELLS has been the more volatile of the two, at 113% annualised against XRP's 65%.
BELLSXRP
0.36over 365 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 | BELLS | XRP |
|---|---|---|
| Max drawdown (400d) | -87.5% | -67.3% |
| Risk-adjusted return (90d) | -0.36 | 0.29 |
| Best 30 days (past year) | — | +41.9% |
| Worst 30 days (past year) | — | -47.3% |
Relative strength over 90 days: XRP outperformed BELLS by 62.6% — measured on the BELLS/XRP ratio, so it holds regardless of market direction.