Bettensor vs Chutes

Chutes (SN64) is 24.0× the size of Bettensor (SN30) by market capitalisation. Over the past 30 days, SN30 is ahead by 12.4 percentage points (SN30 +5.5% against SN64 -6.9%). Their daily returns move very closely together (correlation 0.87 across 23 shared trading days). SN64 has been the more volatile of the two, at 141% annualised against SN30's 95%.

Correlation: 0.87
Size ratio: 1 : 24.0
Ahead over 30 days: SN30

BettensorSN30

$0.756103

24h: +1.75%
Market cap: $4.03M
Volume 24h: $78,103
Volatility (ann.): 95%

ChutesSN64

$15.3000

24h: +3.61%
Market cap: $96.81M
Volume 24h: $194,610
Volatility (ann.): 141%

SN30 4.0%Share of the two combined market caps96.0% SN64

Performance

SN30SN64

7 days-0.17%-11.80%SN30
30 days+5.53%-6.90%SN30

Correlation

0.87over 23 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	SN30	SN64
Max drawdown (400d)	-20.7%	-32.6%
Risk-adjusted return (90d)	0.06	0.00

Relative strength over 90 days: SN64 outperformed SN30 by 11.9% — measured on the SN30/SN64 ratio, so it holds regardless of market direction.

Bettensor →Chutes →