CSI888 vs SPX6900

SPX6900 (SPX) is 10058.6× the size of CSI888 (CSI) by market capitalisation. Over the past 30 days, CSI is ahead by 30.6 percentage points (CSI -2.9% against SPX -33.6%). Their daily returns move barely together (correlation 0.08 across 23 shared trading days). SPX has been the more volatile of the two, at 115% annualised against CSI's 38%.

Correlation: 0.08
Size ratio: 1 : 10058.6
Ahead over 30 days: CSI

CSI888CSI

$3.581e-5

24h: +6.57%
Market cap: $31,799
Volume 24h: $7
Volatility (ann.): 38%

SPX6900SPX

$0.343594

24h: -9.89%
Market cap: $319.85M
Volume 24h: $7.29M
Volatility (ann.): 115%

CSI 0.0%Share of the two combined market caps100.0% SPX

Performance

CSISPX

7 days+8.17%-2.61%CSI
30 days-2.95%-33.59%CSI

Correlation

0.08over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	CSI	SPX
Max drawdown (400d)	-15.5%	-43.7%
Risk-adjusted return (90d)	-0.08	0.05

Relative strength over 90 days: CSI outperformed SPX by 10.1% — measured on the CSI/SPX ratio, so it holds regardless of market direction.

CSI888 →SPX6900 →