Artificial Superintelligence Alliance (FET) is 11112.9× the size of Clawvatar (CLAWVATAR) by market capitalisation. Their daily returns move barely together (correlation 0.05 across 121 shared trading days). CLAWVATAR has been the more volatile of the two, at 518% annualised against FET's 119%.
$0.147300
CLAWVATARFET
0.05over 121 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 | CLAWVATAR | FET |
|---|---|---|
| Max drawdown (400d) | -82.5% | -79.7% |
| Risk-adjusted return (90d) | 0.06 | 0.04 |
| Best 30 days (past year) | — | +77.4% |
| Worst 30 days (past year) | — | -49.9% |
Relative strength over 90 days: CLAWVATAR outperformed FET by 83.5% — measured on the CLAWVATAR/FET ratio, so it holds regardless of market direction.