Quack AI (Q) is 483.5× the size of Gaia (GAIA) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.18 across 43 shared trading days). Q has been the more volatile of the two, at 822% annualised against GAIA's 273%.
GAIAQ
-0.18over 43 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 | GAIA | Q |
|---|---|---|
| Max drawdown (400d) | -76.7% | -85.5% |
| Risk-adjusted return (90d) | -0.11 | 0.05 |
Relative strength over 90 days: Q outperformed GAIA by 10.3% — measured on the GAIA/Q ratio, so it holds regardless of market direction.