Zcash (ZEC) is 35.8× the size of Dash (DASH) by market capitalisation. Over the past 1 year, ZEC is ahead by 253.1 percentage points (DASH -59.6% against ZEC +193.5%). Their daily returns move loosely together (correlation 0.53 across 399 shared trading days). Both have run at a similar volatility, around 149% annualised.
DASHZEC
0.53over 399 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 | DASH | ZEC |
|---|---|---|
| Max drawdown (400d) | -75.5% | -71.8% |
| Risk-adjusted return (90d) | 0.48 | 1.21 |
| Best 30 days (past year) | +131.4% | +188.2% |
| Worst 30 days (past year) | -59.2% | -59.2% |
Relative strength over 90 days: ZEC outperformed DASH by 39.1% — measured on the DASH/ZEC ratio, so it holds regardless of market direction.