Chutes vs EfficientFrontier

Chutes (SN64) is 2.5× the size of EfficientFrontier (SN53) by market capitalisation. Over the past 30 days, SN53 is ahead by 6.8 percentage points (SN64 -3.5% against SN53 +3.3%). Their daily returns move closely together (correlation 0.84 across 49 shared trading days). SN53 has been the more volatile of the two, at 198% annualised against SN64's 140%.

Correlation: 0.84
Size ratio: 2.5×
Ahead over 30 days: SN53

ChutesSN64

$15.8900

24h: +5.62%
Market cap: $100.81M
Volume 24h: $502,933
Volatility (ann.): 140%

EfficientFrontierSN53

$6.8900

24h: -2.94%
Market cap: $40.33M
Volume 24h: $3.27M
Volatility (ann.): 198%

SN64 71.4%Share of the two combined market caps28.6% SN53

Performance

SN64SN53

7 days-8.16%-20.65%SN64
30 days-3.47%+3.32%SN53

Correlation

0.84over 49 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.8690d: 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	SN64	SN53
Max drawdown (400d)	-32.6%	-41.8%
Risk-adjusted return (90d)	0.03	0.06

Relative strength over 90 days: SN53 outperformed SN64 by 20.4% — measured on the SN64/SN53 ratio, so it holds regardless of market direction.

Chutes →EfficientFrontier →