BEPE vs SPX6900

SPX6900 (SPX) is 23994.1× the size of BEPE (BEPE) by market capitalisation. Over the past 30 days, BEPE is ahead by 11.2 percentage points (BEPE -11.3% against SPX -22.5%). Their daily returns move loosely together (correlation 0.36 across 24 shared trading days). BEPE has been the more volatile of the two, at 138% annualised against SPX's 112%.

Correlation: 0.36
Size ratio: 1 : 23994.1
Ahead over 30 days: BEPE

BEPEBEPE

$1.402e-5

24h: —
Market cap: $14,017
Volume 24h: $31
Volatility (ann.): 138%

SPX6900SPX

$0.361250

24h: -4.38%
Market cap: $336.32M
Volume 24h: $7.57M
Volatility (ann.): 112%

BEPE 0.0%Share of the two combined market caps100.0% SPX

Performance

BEPESPX

7 days+0.60%-5.36%BEPE
30 days-11.32%-22.50%BEPE

Correlation

0.36over 24 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	BEPE	SPX
Max drawdown (400d)	-38.0%	-42.9%
Risk-adjusted return (90d)	-0.09	0.16

Relative strength over 90 days: BEPE outperformed SPX by 0.3% — measured on the BEPE/SPX ratio, so it holds regardless of market direction.

BEPE →SPX6900 →