Etherex Liquid Staking Token vs Sanctum

Sanctum (SANC) is 21.9× the size of Etherex Liquid Staking Token (REX33) by market capitalisation. Over the past 30 days, REX33 is ahead by 54.4 percentage points (REX33 +60.2% against SANC +5.9%). Their daily returns move barely in opposite directions (correlation -0.13 across 29 shared trading days). Both have run at a similar volatility, around 156% annualised.

Correlation: -0.13
Size ratio: 1 : 21.9
Ahead over 30 days: REX33

Etherex Liquid Staking TokenREX33

$0.009166

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

SanctumSANC

$0.043948

24h: +0.46%
Market cap: $21.78M
Volume 24h: $60,313
Volatility (ann.): 158%

REX33 4.4%Share of the two combined market caps95.6% SANC

Performance

REX33SANC

7 days+4.27%-10.94%REX33
30 days+60.24%+5.87%REX33

Correlation

-0.13over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1390d: 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	SANC
Max drawdown (400d)	-21.1%	-34.4%
Risk-adjusted return (90d)	0.39	0.51

Relative strength over 90 days: SANC outperformed REX33 by 36.8% — measured on the REX33/SANC ratio, so it holds regardless of market direction.

Etherex Liquid Staking Token →Sanctum →