Zylo Ecosystem (ZYLO) is 755.5× the size of eVa-ai ($EVA) by market capitalisation. Their daily returns move loosely together (correlation 0.38 across 20 shared trading days). $EVA has been the more volatile of the two, at 138% annualised against ZYLO's 118%.
$EVAZYLO
0.38over 20 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 | $EVA | ZYLO |
|---|---|---|
| Max drawdown (400d) | -93.2% | -45.5% |
| Risk-adjusted return (90d) | -0.49 | -0.20 |
Relative strength over 90 days: $EVA outperformed ZYLO by 19.7% — measured on the $EVA/ZYLO ratio, so it holds regardless of market direction.