Diem vs Venice Token

Venice Token (VVV) is 17.0× the size of Diem (DIEM) by market capitalisation. Over the past 30 days, DIEM is ahead by 1.4 percentage points (DIEM -1.3% against VVV -2.8%). Their daily returns move very closely together (correlation 0.89 across 52 shared trading days). VVV has been the more volatile of the two, at 170% annualised against DIEM's 133%.

Correlation: 0.89
Size ratio: 1 : 17.0
Ahead over 30 days: DIEM

DiemDIEM

$1,769.46

24h: +2.64%
Market cap: $65.18M
Volume 24h: $1.46M
Volatility (ann.): 133%

Venice TokenVVV

$22.7700

24h: +2.46%
Market cap: $1.11B
Volume 24h: $50.93M
Volatility (ann.): 170%

DIEM 5.5%Share of the two combined market caps94.5% VVV

Performance

DIEMVVV

7 days-8.08%-12.69%DIEM
30 days-1.34%-2.78%DIEM

Correlation

0.89over 52 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.9290d: 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	DIEM	VVV
Max drawdown (400d)	-26.7%	-29.6%
Risk-adjusted return (90d)	0.10	0.54

Relative strength over 90 days: VVV outperformed DIEM by 28.5% — measured on the DIEM/VVV ratio, so it holds regardless of market direction.

Diem →Venice Token →