iExec RLC (RLC) is 3.0× the size of GENIUS AI (GNUS) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.31 across 41 shared trading days). GNUS has been the more volatile of the two, at 474% annualised against RLC's 127%.
GNUSRLC
-0.31over 41 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 | GNUS | RLC |
|---|---|---|
| Max drawdown (400d) | -66.2% | -78.2% |
| Risk-adjusted return (90d) | 0.00 | 0.27 |
| Best 30 days (past year) | — | +275.5% |
| Worst 30 days (past year) | — | -42.9% |
Relative strength over 90 days: RLC outperformed GNUS by 29.1% — measured on the GNUS/RLC ratio, so it holds regardless of market direction.