BetterTherapy vs EfficientFrontier

EfficientFrontier (SN53) is 20.1× the size of BetterTherapy (SN102) by market capitalisation. Over the past 30 days, SN53 is ahead by 29.0 percentage points (SN102 -6.3% against SN53 +22.7%). Their daily returns move closely together (correlation 0.67 across 27 shared trading days). SN53 has been the more volatile of the two, at 200% annualised against SN102's 140%.

Correlation: 0.67
Size ratio: 1 : 20.1
Ahead over 30 days: SN53

BetterTherapySN102

$1.1900

24h: -5.26%
Market cap: $2.00M
Volume 24h: $239,556
Volatility (ann.): 140%

EfficientFrontierSN53

$6.8800

24h: -2.34%
Market cap: $40.24M
Volume 24h: $2.28M
Volatility (ann.): 200%

SN102 4.7%Share of the two combined market caps95.3% SN53

Performance

SN102SN53

7 days+16.17%-14.51%SN102
30 days-6.28%+22.72%SN53

Correlation

0.67over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6790d: 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	SN102	SN53
Max drawdown (400d)	-28.0%	-40.6%
Risk-adjusted return (90d)	-0.04	0.09

Relative strength over 90 days: SN53 outperformed SN102 by 29.9% — measured on the SN102/SN53 ratio, so it holds regardless of market direction.

BetterTherapy →EfficientFrontier →