FX1Sports vs Akedo

FX1Sports (FXI) and Akedo (AKE) compared side by side. Over the past 30 days, FXI is ahead by 66.6 percentage points (FXI -8.8% against AKE -75.4%). Their daily returns move closely in opposite directions (correlation -0.63 across 20 shared trading days). AKE has been the more volatile of the two, at 452% annualised against FXI's 79%.

Correlation: -0.63
Ahead over 30 days: FXI

FX1SportsFXI

$0.001029

24h: +0.94%
Market cap: —
Volume 24h: $87
Volatility (ann.): 79%

AkedoAKE

$0.002594

24h: -34.76%
Market cap: $59.09M
Volume 24h: $20.70M
Volatility (ann.): 452%

FXI 0.0%Share of the two combined market caps100.0% AKE

Performance

FXIAKE

7 days+11.54%-81.30%FXI
30 days-8.83%-75.40%FXI

Correlation

-0.63over 20 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	FXI	AKE
Max drawdown (400d)	-28.2%	-89.7%
Risk-adjusted return (90d)	-0.11	-0.13

Relative strength over 90 days: FXI outperformed AKE by 442.8% — measured on the FXI/AKE ratio, so it holds regardless of market direction.

FX1Sports →Akedo →