Etherex Liquid Staking Token vs Kinetiq

Kinetiq (KNTQ) is 160.7× the size of Etherex Liquid Staking Token (REX33) by market capitalisation. Over the past 30 days, KNTQ is ahead by 89.8 percentage points (REX33 +60.2% against KNTQ +150.1%). Their daily returns move barely together (correlation 0.19 across 23 shared trading days). KNTQ has been the more volatile of the two, at 201% annualised against REX33's 153%.

Correlation: 0.19
Size ratio: 1 : 160.7
Ahead over 30 days: KNTQ

Etherex Liquid Staking TokenREX33

$0.009166

24h: -14.22%
Market cap: $992,319
Volume 24h: $287
Volatility (ann.): 153%

KinetiqKNTQ

$0.498806

24h: +3.41%
Market cap: $159.43M
Volume 24h: $7.10M
Volatility (ann.): 201%

REX33 0.6%Share of the two combined market caps99.4% KNTQ

Performance

REX33KNTQ

7 days+4.27%+23.74%KNTQ
30 days+60.24%+150.06%KNTQ

Correlation

0.19over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: insufficient data1y: insufficient data

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.

Risk & extremes

Metric	REX33	KNTQ
Max drawdown (400d)	-21.1%	-24.5%
Risk-adjusted return (90d)	0.39	1.26

Relative strength over 90 days: KNTQ outperformed REX33 by 8.0% — measured on the REX33/KNTQ ratio, so it holds regardless of market direction.

Etherex Liquid Staking Token →Kinetiq →