Data Universe vs EfficientFrontier

EfficientFrontier (SN53) is 8.1× the size of Data Universe (SN13) by market capitalisation. Over the past 30 days, SN53 is ahead by 21.3 percentage points (SN13 +1.4% against SN53 +22.7%). Their daily returns move barely together (correlation 0.32 across 28 shared trading days). SN53 has been the more volatile of the two, at 200% annualised against SN13's 98%.

Correlation: 0.32
Size ratio: 1 : 8.1
Ahead over 30 days: SN53

Data UniverseSN13

$0.884004

24h: -0.40%
Market cap: $4.97M
Volume 24h: $6,745
Volatility (ann.): 98%

EfficientFrontierSN53

$6.8800

24h: -2.34%
Market cap: $40.24M
Volume 24h: $2.28M
Volatility (ann.): 200%

SN13 11.0%Share of the two combined market caps89.0% SN53

Performance

SN13SN53

7 days-8.28%-14.51%SN13
30 days+1.41%+22.72%SN53

Correlation

0.32over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3290d: 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	SN13	SN53
Max drawdown (400d)	-20.8%	-40.6%
Risk-adjusted return (90d)	0.01	0.09

Relative strength over 90 days: SN53 outperformed SN13 by 20.9% — measured on the SN13/SN53 ratio, so it holds regardless of market direction.

Data Universe →EfficientFrontier →