BYTE vs SPX6900
SPX6900 (SPX) is 2574.4× the size of BYTE ($BYTE) by market capitalisation. SPX has been the more volatile of the two, at 112% annualised against $BYTE's 60%.
- Size ratio
- 1 : 2574.4
SPX6900 (SPX) is 2574.4× the size of BYTE ($BYTE) by market capitalisation. SPX has been the more volatile of the two, at 112% annualised against $BYTE's 60%.
$BYTESPX
| Metric | $BYTE | SPX |
|---|---|---|
| Max drawdown (400d) | -19.8% | -42.9% |
| Risk-adjusted return (90d) | -0.23 | 0.16 |
Relative strength over 90 days: SPX outperformed $BYTE by 9.2% — measured on the $BYTE/SPX ratio, so it holds regardless of market direction.