Broge vs SPX6900

SPX6900 (SPX) is 6623.7× the size of Broge (BROGE) by market capitalisation. Over the past 30 days, BROGE is ahead by 9.8 percentage points (BROGE -12.7% against SPX -22.5%). Their daily returns move barely together (correlation 0.22 across 24 shared trading days). SPX has been the more volatile of the two, at 112% annualised against BROGE's 47%.

Correlation: 0.22
Size ratio: 1 : 6623.7
Ahead over 30 days: BROGE

BrogeBROGE

$6.985e-11

24h: +6.83%
Market cap: $48,235
Volume 24h: $38
Volatility (ann.): 47%

SPX6900SPX

$0.343205

24h: -10.15%
Market cap: $319.49M
Volume 24h: $7.82M
Volatility (ann.): 112%

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

Performance

BROGESPX

7 days+2.58%-5.36%BROGE
30 days-12.65%-22.50%BROGE

Correlation

0.22over 24 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	BROGE	SPX
Max drawdown (400d)	-19.3%	-42.9%
Risk-adjusted return (90d)	-0.25	0.16

Relative strength over 90 days: SPX outperformed BROGE by 11.3% — measured on the BROGE/SPX ratio, so it holds regardless of market direction.

Broge →SPX6900 →