VeBetterDAO (B3TR) is 29.3× the size of EarthByt (EBYT) by market capitalisation. Their daily returns move loosely together (correlation 0.43 across 157 shared trading days). Both have run at a similar volatility, around 83% annualised.
EBYTB3TR
0.43over 157 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 | EBYT | B3TR |
|---|---|---|
| Max drawdown (400d) | -64.2% | -93.8% |
| Risk-adjusted return (90d) | 0.10 | 0.74 |
Relative strength over 90 days: EBYT outperformed B3TR by 11.2% — measured on the EBYT/B3TR ratio, so it holds regardless of market direction.