Etherisc DIP vs Nexus Mutual

Nexus Mutual (NXM) is 262.9× the size of Etherisc DIP (DIP) by market capitalisation. Over the past 30 days, NXM is ahead by 43.9 percentage points (DIP -52.7% against NXM -8.8%). Their daily returns move barely together (correlation 0.01 across 21 shared trading days). DIP has been the more volatile of the two, at 136% annualised against NXM's 53%.

Correlation: 0.01
Size ratio: 1 : 262.9
Ahead over 30 days: NXM

Etherisc DIPDIP

$0.000763

24h: —
Market cap: $350,441
Volume 24h: $1
Volatility (ann.): 136%

Nexus MutualNXM

$59.4400

24h: +2.35%
Market cap: $92.14M
Volume 24h: —
Volatility (ann.): 53%

DIP 0.4%Share of the two combined market caps99.6% NXM

Performance

DIPNXM

7 days-26.69%-1.00%NXM
30 days-52.70%-8.76%NXM

Correlation

0.01over 21 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	DIP	NXM
Max drawdown (400d)	-54.5%	-17.2%
Risk-adjusted return (90d)	-0.32	0.28

Relative strength over 90 days: NXM outperformed DIP by 42.5% — measured on the DIP/NXM ratio, so it holds regardless of market direction.

Etherisc DIP →Nexus Mutual →