Venice Token (VVV) is 149425.6× the size of Dessistant by Virtuals (DESS) by market capitalisation. Their daily returns move closely together (correlation 0.60 across 29 shared trading days). Both have run at a similar volatility, around 164% annualised.
DESSVVV
0.60over 29 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 | DESS | VVV |
|---|---|---|
| Max drawdown (400d) | -92.1% | -29.6% |
| Risk-adjusted return (90d) | -0.25 | 0.50 |
Relative strength over 90 days: VVV outperformed DESS by 45.3% — measured on the DESS/VVV ratio, so it holds regardless of market direction.