EigenCloud (prev. EigenLayer) (EIGEN) is 7667.3× the size of Custos (CUSTOS) by market capitalisation. Their daily returns move barely together (correlation 0.11 across 109 shared trading days). CUSTOS has been the more volatile of the two, at 230% annualised against EIGEN's 107%.
$0.169600
CUSTOSEIGEN
0.11over 109 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 | CUSTOS | EIGEN |
|---|---|---|
| Max drawdown (400d) | -90.7% | -92.3% |
| Risk-adjusted return (90d) | -0.48 | 0.02 |
| Best 30 days (past year) | — | +46.0% |
| Worst 30 days (past year) | — | -55.2% |
Relative strength over 90 days: EIGEN outperformed CUSTOS by 52.7% — measured on the CUSTOS/EIGEN ratio, so it holds regardless of market direction.