Sport.fun vs Aerodrome Finance

Aerodrome Finance (AERO) is 95.9× the size of Sport.fun (FUN) by market capitalisation. Over the past 90 days, AERO is ahead by 80.7 percentage points (FUN -33.4% against AERO +47.3%). Their daily returns move barely together (correlation 0.18 across 84 shared trading days). FUN has been the more volatile of the two, at 134% annualised against AERO's 101%.

Correlation: 0.18
Size ratio: 1 : 95.9
Ahead over 90 days: AERO

Sport.funFUN

$0.013764

24h: -0.42%
Market cap: $2.45M
Volume 24h: $152,737
Volatility (ann.): 134%

Aerodrome FinanceAERO

$0.652100

24h: +5.64%
Market cap: $235.03M
Volume 24h: $33.90M
Volatility (ann.): 101%

FUN 1.0%Share of the two combined market caps99.0% AERO

Performance

FUNAERO

7 days-14.65%-10.61%AERO
30 days-32.10%-28.90%AERO
90 days-33.40%+47.30%AERO

Correlation

0.18over 84 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5790d: 0.181y: 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	FUN	AERO
Max drawdown (400d)	-55.5%	-36.4%
Risk-adjusted return (90d)	-0.24	0.44

Relative strength over 90 days: AERO outperformed FUN by 48.5% — measured on the FUN/AERO ratio, so it holds regardless of market direction.

Sport.fun →Aerodrome Finance →