Pump.fun (PUMP) is 1605.0× the size of Garden (SEED) by market capitalisation. Their daily returns move loosely together (correlation 0.37 across 159 shared trading days). Both have run at a similar volatility, around 131% annualised.
SEEDPUMP
0.37over 159 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 | SEED | PUMP |
|---|---|---|
| Max drawdown (400d) | -86.9% | -83.1% |
| Risk-adjusted return (90d) | -0.42 | 0.55 |
| Best 30 days (past year) | — | +185.0% |
| Worst 30 days (past year) | — | -43.2% |
Relative strength over 90 days: PUMP outperformed SEED by 71.7% — measured on the SEED/PUMP ratio, so it holds regardless of market direction.