Venice Token (VVV) is 3.0× the size of Artificial Superintelligence Alliance (FET) by market capitalisation. Their daily returns move loosely together (correlation 0.52 across 60 shared trading days). VVV has been the more volatile of the two, at 168% annualised against FET's 119%.
$0.148500
FETVVV
0.52over 60 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 | FET | VVV |
|---|---|---|
| Max drawdown (400d) | -79.7% | -31.1% |
| Risk-adjusted return (90d) | 0.04 | 0.45 |
| Best 30 days (past year) | +77.4% | — |
| Worst 30 days (past year) | -49.9% | — |
Relative strength over 90 days: VVV outperformed FET by 33.0% — measured on the FET/VVV ratio, so it holds regardless of market direction.