Dippy vs EfficientFrontier

EfficientFrontier (SN53) is 5.5× the size of Dippy (SN11) by market capitalisation. Over the past 30 days, SN11 is ahead by 2.3 percentage points (SN11 +25.0% against SN53 +22.7%). Their daily returns move barely together (correlation 0.25 across 28 shared trading days). SN53 has been the more volatile of the two, at 200% annualised against SN11's 134%.

Correlation: 0.25
Size ratio: 1 : 5.5
Ahead over 30 days: SN11

DippySN11

$1.4000

24h: -1.52%
Market cap: $7.18M
Volume 24h: $171,633
Volatility (ann.): 134%

EfficientFrontierSN53

$6.7200

24h: -3.39%
Market cap: $39.25M
Volume 24h: $1.89M
Volatility (ann.): 200%

SN11 15.5%Share of the two combined market caps84.5% SN53

Performance

SN11SN53

7 days-3.69%-14.51%SN11
30 days+25.00%+22.72%SN11

Correlation

0.25over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2590d: 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	SN11	SN53
Max drawdown (400d)	-23.1%	-40.6%
Risk-adjusted return (90d)	0.19	0.09

Relative strength over 90 days: SN53 outperformed SN11 by 2.5% — measured on the SN11/SN53 ratio, so it holds regardless of market direction.

Dippy →EfficientFrontier →