IMPT (IMPT) is 39.9× the size of Brokoli (BRKL) by market capitalisation. Over the past 1 year, IMPT is ahead by 8.7 percentage points (BRKL -62.8% against IMPT -54.1%). Their daily returns move barely together (correlation 0.09 across 368 shared trading days). IMPT has been the more volatile of the two, at 85% annualised against BRKL's 73%.
BRKLIMPT
0.09over 368 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 | BRKL | IMPT |
|---|---|---|
| Max drawdown (400d) | -63.1% | -79.3% |
| Risk-adjusted return (90d) | -0.70 | 0.23 |
| Best 30 days (past year) | +53.2% | +88.2% |
| Worst 30 days (past year) | -26.8% | -53.0% |
Relative strength over 90 days: IMPT outperformed BRKL by 60.3% — measured on the BRKL/IMPT ratio, so it holds regardless of market direction.