Global Oil Institution Fund vs Bordrless

Global Oil Institution Fund (GOIF) and Bordrless (BORDR) compared side by side. Over the past 30 days, GOIF is ahead by 44.1 percentage points (GOIF -55.6% against BORDR -99.7%). Their daily returns move barely in opposite directions (correlation -0.04 across 37 shared trading days). Both have run at a similar volatility, around 978% annualised.

Correlation: -0.04
Ahead over 30 days: GOIF

Global Oil Institution FundGOIF

$7.803e-6

24h: -0.33%
Market cap: —
Volume 24h: $5
Volatility (ann.): 1037%

BordrlessBORDR

$2.055e-5

24h: +23.32%
Market cap: $20,548
Volume 24h: $1.10M
Volatility (ann.): 919%

GOIF 0.0%Share of the two combined market caps100.0% BORDR

Performance

GOIFBORDR

7 days-38.73%-35.15%BORDR
30 days-55.62%-99.72%GOIF

Correlation

-0.04over 37 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1790d: insufficient data1y: insufficient data

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.

Risk & extremes

Metric	GOIF	BORDR
Max drawdown (400d)	-99.7%	-99.8%
Risk-adjusted return (90d)	-0.10	-0.11

Relative strength over 90 days: GOIF outperformed BORDR by 371.8% — measured on the GOIF/BORDR ratio, so it holds regardless of market direction.

Global Oil Institution Fund →Bordrless →