BNB (BNB) is 2831.6× the size of Electroneum (ETN) by market capitalisation. Over the past 1 year, BNB is ahead by 11.5 percentage points (ETN -41.2% against BNB -29.7%). Their daily returns move barely together (correlation 0.12 across 373 shared trading days). ETN has been the more volatile of the two, at 121% annualised against BNB's 51%.
ETNBNB
0.12over 373 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 | ETN | BNB |
|---|---|---|
| Max drawdown (400d) | -79.3% | -58.2% |
| Risk-adjusted return (90d) | 0.62 | 0.45 |
| Best 30 days (past year) | +310.2% | +29.4% |
| Worst 30 days (past year) | -43.5% | -34.9% |
Relative strength over 90 days: ETN outperformed BNB by 86.9% — measured on the ETN/BNB ratio, so it holds regardless of market direction.