Official Trump (TRUMP) is 3446.4× the size of Department of Gov Efficiency (DOGE) by market capitalisation. Their daily returns move barely together (correlation 0.04 across 35 shared trading days). TRUMP has been the more volatile of the two, at 97% annualised against DOGE's 49%.
$0.010402
DOGETRUMP
0.04over 35 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 | DOGE | TRUMP |
|---|---|---|
| Max drawdown (400d) | -32.9% | -85.7% |
| Risk-adjusted return (90d) | -0.60 | -0.11 |
| Best 30 days (past year) | — | +87.1% |
| Worst 30 days (past year) | — | -42.0% |
Relative strength over 90 days: DOGE outperformed TRUMP by 14.5% — measured on the DOGE/TRUMP ratio, so it holds regardless of market direction.