Field Atlas vs Aero

Field Atlas (ATLAS) and Aero (AERO) compared side by side. Their daily returns move barely in opposite directions (correlation -0.13 across 36 shared trading days). ATLAS has been the more volatile of the two, at 3419% annualised against AERO's 100%.

Correlation: -0.13

Field AtlasATLAS

$6.400e-7

24h: -12.22%
Market cap: —
Volume 24h: $2,715
Volatility (ann.): 3419%

AeroAERO

$0.535900

24h: -3.73%
Market cap: $375.97M
Volume 24h: $19.11M
Volatility (ann.): 100%

ATLAS 0.0%Share of the two combined market caps100.0% AERO

Performance

ATLASAERO

7 days+871.92%-12.69%ATLAS
30 days+801.86%-42.28%ATLAS
90 days—+32.48%—

Correlation

-0.13over 36 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1290d: 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	ATLAS	AERO
Max drawdown (400d)	-79.0%	-42.3%
Risk-adjusted return (90d)	0.07	0.30

Relative strength over 90 days: ATLAS outperformed AERO by 396.7% — measured on the ATLAS/AERO ratio, so it holds regardless of market direction.

Field Atlas →Aero →