catwifhat ($CWIF) is 12.7× the size of Fluxbot (FLUXB) by market capitalisation. Over the past 30 days, FLUXB is ahead by 31.5 percentage points (FLUXB -18.0% against $CWIF -49.5%). Their daily returns move loosely together (correlation 0.36 across 34 shared trading days). Both have run at a similar volatility, around 125% annualised.
FLUXB$CWIF
0.36over 34 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 | FLUXB | $CWIF |
|---|---|---|
| Max drawdown (400d) | -29.5% | -49.5% |
| Risk-adjusted return (90d) | -0.09 | -0.39 |
Relative strength over 90 days: FLUXB outperformed $CWIF by 77.0% — measured on the FLUXB/$CWIF ratio, so it holds regardless of market direction.