Department of Gov Efficiency vs Melania Meme

Melania Meme (MELANIA) is 633.7× the size of Department of Gov Efficiency (DOGE) by market capitalisation. Over the past 30 days, DOGE is ahead by 8.6 percentage points (DOGE -25.3% against MELANIA -33.8%). Their daily returns move barely together (correlation 0.12 across 22 shared trading days). MELANIA has been the more volatile of the two, at 111% annualised against DOGE's 49%.

Correlation: 0.12
Size ratio: 1 : 633.7
Ahead over 30 days: DOGE

Department of Gov EfficiencyDOGE

$0.010402

24h: +4.78%
Market cap: $102,919
Volume 24h: $1,075
Volatility (ann.): 49%

Melania MemeMELANIA

$0.065219

24h: -9.24%
Market cap: $65.22M
Volume 24h: $7.61M
Volatility (ann.): 111%

DOGE 0.2%Share of the two combined market caps99.8% MELANIA

Performance

DOGEMELANIA

7 days-7.04%-22.90%DOGE
30 days-25.25%-33.84%DOGE

Correlation

0.12over 22 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	DOGE	MELANIA
Max drawdown (400d)	-32.9%	-41.2%
Risk-adjusted return (90d)	-0.60	-0.03

Relative strength over 90 days: DOGE outperformed MELANIA by 10.7% — measured on the DOGE/MELANIA ratio, so it holds regardless of market direction.

Department of Gov Efficiency →Melania Meme →