Attune vs EfficientFrontier

EfficientFrontier (SN53) is 24.2× the size of Attune (SN58) by market capitalisation. Over the past 30 days, SN53 is ahead by 26.8 percentage points (SN58 -4.0% against SN53 +22.7%). Their daily returns move barely together (correlation 0.18 across 26 shared trading days). SN53 has been the more volatile of the two, at 200% annualised against SN58's 142%.

Correlation: 0.18
Size ratio: 1 : 24.2
Ahead over 30 days: SN53

AttuneSN58

$2.0100

24h: -4.96%
Market cap: $1.66M
Volume 24h: $35,658
Volatility (ann.): 142%

EfficientFrontierSN53

$6.8800

24h: -3.10%
Market cap: $40.18M
Volume 24h: $2.28M
Volatility (ann.): 200%

SN58 4.0%Share of the two combined market caps96.0% SN53

Performance

SN58SN53

7 days+5.56%-14.51%SN58
30 days-4.04%+22.72%SN53

Correlation

0.18over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1890d: 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	SN58	SN53
Max drawdown (400d)	-37.8%	-40.6%
Risk-adjusted return (90d)	-0.03	0.09

Relative strength over 90 days: SN53 outperformed SN58 by 33.1% — measured on the SN58/SN53 ratio, so it holds regardless of market direction.

Attune →EfficientFrontier →