Crude Cat (CRUDECAT) and Cash Cat (CASHCAT) compared side by side. Over the past 30 days, CASHCAT is ahead by 62.8 percentage points (CRUDECAT -98.1% against CASHCAT -35.3%). Their daily returns move loosely together (correlation 0.40 across 28 shared trading days). CRUDECAT has been the more volatile of the two, at 640% annualised against CASHCAT's 264%.
CRUDECATCASHCAT
0.40over 28 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 | CRUDECAT | CASHCAT |
|---|---|---|
| Max drawdown (400d) | -98.8% | -69.6% |
| Risk-adjusted return (90d) | -0.15 | -0.02 |
Relative strength over 90 days: CASHCAT outperformed CRUDECAT by 94.1% — measured on the CRUDECAT/CASHCAT ratio, so it holds regardless of market direction.