0G (0G) is 5.1× the size of Enso (ENSO) by market capitalisation. Over the past 1 year, ENSO is ahead by 34.3 percentage points (ENSO -53.2% against 0G -87.5%). Their daily returns move barely together (correlation 0.28 across 386 shared trading days). ENSO has been the more volatile of the two, at 185% annualised against 0G's 122%.
ENSO0G
0.28over 386 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 | ENSO | 0G |
|---|---|---|
| Max drawdown (400d) | -83.9% | -95.9% |
| Risk-adjusted return (90d) | -0.48 | 0.11 |
| Best 30 days (past year) | +239.3% | +99.1% |
| Worst 30 days (past year) | -60.9% | -53.0% |
Relative strength over 90 days: 0G outperformed ENSO by 50.1% — measured on the ENSO/0G ratio, so it holds regardless of market direction.