Department Of Government Efficiency vs SPX6900

SPX6900 (SPX) is 803.0× the size of Department Of Government Efficiency (DOGE) by market capitalisation. Over the past 30 days, SPX is ahead by 27.8 percentage points (DOGE -52.1% against SPX -24.3%). Their daily returns move barely together (correlation 0.29 across 28 shared trading days). DOGE has been the more volatile of the two, at 151% annualised against SPX's 113%.

Correlation: 0.29
Size ratio: 1 : 803.0
Ahead over 30 days: SPX

Department Of Government EfficiencyDOGE

$0.000453

24h: +0.35%
Market cap: $443,623
Volume 24h: $82,215
Volatility (ann.): 151%

SPX6900SPX

$0.382241

24h: +5.83%
Market cap: $356.22M
Volume 24h: $7.86M
Volatility (ann.): 113%

DOGE 0.1%Share of the two combined market caps99.9% SPX

Performance

DOGESPX

7 days-10.17%-3.77%SPX
30 days-52.11%-24.31%SPX

Correlation

0.29over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2990d: 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	SPX
Max drawdown (400d)	-57.5%	-42.9%
Risk-adjusted return (90d)	-0.34	0.14

Relative strength over 90 days: SPX outperformed DOGE by 28.8% — measured on the DOGE/SPX ratio, so it holds regardless of market direction.

Department Of Government Efficiency →SPX6900 →