UBI (UBI) is 1.3× the size of Duke (DUKE) by market capitalisation. Over the past 30 days, DUKE is ahead by 448.2 percentage points (DUKE +383.2% against UBI -65.1%). Their daily returns move barely together (correlation 0.05 across 43 shared trading days). DUKE has been the more volatile of the two, at 8859% annualised against UBI's 324%.
DUKEUBI
0.05over 43 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 | DUKE | UBI |
|---|---|---|
| Max drawdown (400d) | -97.7% | -81.0% |
| Risk-adjusted return (90d) | 0.00 | -0.23 |
Relative strength over 90 days: DUKE outperformed UBI by 240.1% — measured on the DUKE/UBI ratio, so it holds regardless of market direction.