DebtReliefBot vs SPX6900

SPX6900 (SPX) is 32.9× the size of DebtReliefBot (DRB) by market capitalisation. Over the past 30 days, SPX is ahead by 34.4 percentage points (DRB -58.7% against SPX -24.3%). Their daily returns move barely together (correlation 0.15 across 39 shared trading days). DRB has been the more volatile of the two, at 295% annualised against SPX's 113%.

Correlation: 0.15
Size ratio: 1 : 32.9
Ahead over 30 days: SPX

DebtReliefBotDRB

$0.000105

24h: +8.04%
Market cap: $10.48M
Volume 24h: $257,337
Volatility (ann.): 295%

SPX6900SPX

$0.370126

24h: +2.54%
Market cap: $344.58M
Volume 24h: $8.49M
Volatility (ann.): 113%

DRB 3.0%Share of the two combined market caps97.0% SPX

Performance

DRBSPX

7 days-9.49%-3.77%SPX
30 days-58.68%-24.31%SPX

Correlation

0.15over 39 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	DRB	SPX
Max drawdown (400d)	-62.0%	-42.9%
Risk-adjusted return (90d)	-0.16	0.14

Relative strength over 90 days: SPX outperformed DRB by 35.3% — measured on the DRB/SPX ratio, so it holds regardless of market direction.

DebtReliefBot →SPX6900 →