FRED Energy vs Green

FRED Energy (FRED) and Green (GREEN) compared side by side. Over the past 30 days, FRED is ahead by 85.4 percentage points (FRED +25.6% against GREEN -59.9%). Their daily returns move barely in opposite directions (correlation -0.01 across 25 shared trading days). Both have run at a similar volatility, around 165% annualised.

Correlation: -0.01
Ahead over 30 days: FRED

FRED EnergyFRED

$0.000102

24h: +0.36%
Market cap: —
Volume 24h: $17
Volatility (ann.): 154%

GreenGREEN

$2.488e-5

24h: +0.39%
Market cap: $1.24M
Volume 24h: $1,045
Volatility (ann.): 177%

FRED 0.0%Share of the two combined market caps100.0% GREEN

Performance

FREDGREEN

7 days-8.27%+0.98%GREEN
30 days+25.59%-59.86%FRED

Correlation

-0.01over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0190d: 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	FRED	GREEN
Max drawdown (400d)	-18.4%	-65.4%
Risk-adjusted return (90d)	0.17	-0.34

Relative strength over 90 days: FRED outperformed GREEN by 88.9% — measured on the FRED/GREEN ratio, so it holds regardless of market direction.

FRED Energy →Green →