Ethereum (ETH) is 269070.8× the size of BitcoinBam (BTCBAM) by market capitalisation. Over the past 1 year, BTCBAM is ahead by 76.8 percentage points (BTCBAM +39.9% against ETH -36.9%). Their daily returns move barely together (correlation 0.03 across 365 shared trading days). Both have run at a similar volatility, around 58% annualised.
BTCBAMETH
0.03over 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 | BTCBAM | ETH |
|---|---|---|
| Max drawdown (400d) | -30.8% | -66.5% |
| Risk-adjusted return (90d) | 0.16 | 0.36 |
| Best 30 days (past year) | — | +34.1% |
| Worst 30 days (past year) | — | -44.6% |
Relative strength over 90 days: ETH outperformed BTCBAM by 18.3% — measured on the BTCBAM/ETH ratio, so it holds regardless of market direction.