GetRekt (REKTETH) and Aero (AERO) compared side by side. Their daily returns move closely together (correlation 0.60 across 22 shared trading days). REKTETH has been the more volatile of the two, at 211% annualised against AERO's 100%.
REKTETHAERO
0.60over 22 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 | REKTETH | AERO |
|---|---|---|
| Max drawdown (400d) | -65.5% | -42.3% |
| Risk-adjusted return (90d) | -0.31 | 0.30 |
Relative strength over 90 days: AERO outperformed REKTETH by 47.9% — measured on the REKTETH/AERO ratio, so it holds regardless of market direction.