BlockCreate vs XRP
BlockCreate (BLOCK) and XRP (XRP) compared side by side. Their daily returns move barely together (correlation 0.19 across 22 shared trading days). Both have run at a similar volatility, around 64% annualised.
- Correlation
- 0.19
BlockCreate (BLOCK) and XRP (XRP) compared side by side. Their daily returns move barely together (correlation 0.19 across 22 shared trading days). Both have run at a similar volatility, around 64% annualised.
BLOCKXRP
0.19over 22 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 | BLOCK | XRP |
|---|---|---|
| Max drawdown (400d) | -30.6% | -67.3% |
| Risk-adjusted return (90d) | -0.46 | 0.29 |
| Best 30 days (past year) | — | +41.9% |
| Worst 30 days (past year) | — | -47.3% |
Relative strength over 90 days: XRP outperformed BLOCK by 16.8% — measured on the BLOCK/XRP ratio, so it holds regardless of market direction.