YZY (YZY) is 3.0× the size of BULLA (BULLA) by market capitalisation. Over the past 30 days, YZY is ahead by 0.3 percentage points (BULLA +1.7% against YZY +2.0%). Their daily returns move barely together (correlation 0.02 across 56 shared trading days). BULLA has been the more volatile of the two, at 628% annualised against YZY's 27%.
BULLAYZY
0.02over 56 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 | BULLA | YZY |
|---|---|---|
| Max drawdown (400d) | -54.0% | -2.2% |
| Risk-adjusted return (90d) | 0.49 | 0.07 |
Relative strength over 90 days: BULLA outperformed YZY by 301.1% — measured on the BULLA/YZY ratio, so it holds regardless of market direction.