Brett (BRETT) is 2414.0× the size of Brett's Dog (BROGG) by market capitalisation. Their daily returns move closely together (correlation 0.71 across 22 shared trading days). BROGG has been the more volatile of the two, at 974% annualised against BRETT's 100%.
BROGGBRETT
0.71over 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 | BROGG | BRETT |
|---|---|---|
| Max drawdown (400d) | -90.3% | -31.9% |
| Risk-adjusted return (90d) | -0.14 | -0.04 |
Relative strength over 90 days: BROGG outperformed BRETT by 15.8% — measured on the BROGG/BRETT ratio, so it holds regardless of market direction.