Dogecoin (DOGE) is 3948966.7× the size of Brad (BRAD) by market capitalisation. Their daily returns move loosely together (correlation 0.44 across 139 shared trading days). BRAD has been the more volatile of the two, at 168% annualised against DOGE's 70%.
BRADDOGE
0.44over 139 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 | BRAD | DOGE |
|---|---|---|
| Max drawdown (400d) | -95.3% | -74.0% |
| Risk-adjusted return (90d) | -0.41 | 0.17 |
| Best 30 days (past year) | — | +34.3% |
| Worst 30 days (past year) | — | -41.2% |
Relative strength over 90 days: DOGE outperformed BRAD by 32.9% — measured on the BRAD/DOGE ratio, so it holds regardless of market direction.