Blep Super Meme vs SPX6900

SPX6900 (SPX) is 20758.7× the size of Blep Super Meme (BLEP) by market capitalisation. Over the past 30 days, BLEP is ahead by 8.2 percentage points (BLEP -14.3% against SPX -22.5%). Their daily returns move loosely together (correlation 0.39 across 22 shared trading days). SPX has been the more volatile of the two, at 112% annualised against BLEP's 89%.

Correlation: 0.39
Size ratio: 1 : 20758.7
Ahead over 30 days: BLEP

Blep Super MemeBLEP

$1.549e-5

24h: —
Market cap: $15,486
Volume 24h: $4
Volatility (ann.): 89%

SPX6900SPX

$0.345336

24h: -9.65%
Market cap: $321.48M
Volume 24h: $8.23M
Volatility (ann.): 112%

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

Performance

BLEPSPX

7 days+0.78%-5.36%BLEP
30 days-14.31%-22.50%BLEP

Correlation

0.39over 22 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	BLEP	SPX
Max drawdown (400d)	-21.4%	-42.9%
Risk-adjusted return (90d)	-0.17	0.16

Relative strength over 90 days: SPX outperformed BLEP by 10.8% — measured on the BLEP/SPX ratio, so it holds regardless of market direction.

Blep Super Meme →SPX6900 →