Genesis (GENESIS) and Bordrless (BORDR) compared side by side. Over the past 30 days, GENESIS is ahead by 129.0 percentage points (GENESIS +29.2% against BORDR -99.8%). Their daily returns move barely together (correlation 0.14 across 37 shared trading days). Both have run at a similar volatility, around 849% annualised.
GENESISBORDR
0.14over 37 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 | GENESIS | BORDR |
|---|---|---|
| Max drawdown (400d) | -94.8% | -99.8% |
| Risk-adjusted return (90d) | -0.12 | -0.11 |
Relative strength over 90 days: GENESIS outperformed BORDR by 1385.7% — measured on the GENESIS/BORDR ratio, so it holds regardless of market direction.