Dogecoin (DOGE) is 2755933.9× the size of Dognus (DOGNUS) by market capitalisation. Their daily returns move loosely together (correlation 0.57 across 122 shared trading days). DOGNUS has been the more volatile of the two, at 128% annualised against DOGE's 70%.
DOGNUSDOGE
0.57over 122 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 | DOGNUS | DOGE |
|---|---|---|
| Max drawdown (400d) | -82.9% | -74.0% |
| Risk-adjusted return (90d) | -0.46 | 0.17 |
| Best 30 days (past year) | — | +34.3% |
| Worst 30 days (past year) | — | -41.2% |
Relative strength over 90 days: DOGE outperformed DOGNUS by 16.9% — measured on the DOGNUS/DOGE ratio, so it holds regardless of market direction.