Gather (GAT) and Venice Token (VVV) compared side by side. Their daily returns move barely in opposite directions (correlation -0.17 across 35 shared trading days). VVV has been the more volatile of the two, at 170% annualised against GAT's 110%.
GATVVV
-0.17over 35 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 | GAT | VVV |
|---|---|---|
| Max drawdown (400d) | -74.8% | -29.6% |
| Risk-adjusted return (90d) | -1.02 | 0.54 |
Relative strength over 90 days: VVV outperformed GAT by 74.7% — measured on the GAT/VVV ratio, so it holds regardless of market direction.