Gold DAO vs Goldfish Gold

Goldfish Gold (GGBR) is 21.2× the size of Gold DAO (GOLDAO) by market capitalisation. Over the past 30 days, GGBR is ahead by 31.3 percentage points (GOLDAO -33.0% against GGBR -1.7%). Their daily returns move barely together (correlation 0.29 across 32 shared trading days). GOLDAO has been the more volatile of the two, at 201% annualised against GGBR's 41%.

Correlation: 0.29
Size ratio: 1 : 21.2
Ahead over 30 days: GGBR

Gold DAOGOLDAO

$0.005750

24h: +1.91%
Market cap: $3.90M
Volume 24h: $124
Volatility (ann.): 201%

Goldfish GoldGGBR

$4.0500

24h: +3.32%
Market cap: $82.57M
Volume 24h: $93,872
Volatility (ann.): 41%

GOLDAO 4.5%Share of the two combined market caps95.5% GGBR

Performance

GOLDAOGGBR

7 days+17.86%-2.96%GOLDAO
30 days-33.03%-1.75%GGBR

Correlation

0.29over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2990d: 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	GOLDAO	GGBR
Max drawdown (400d)	-56.1%	-16.6%
Risk-adjusted return (90d)	-0.01	-0.23

Relative strength over 90 days: GOLDAO outperformed GGBR by 11.2% — measured on the GOLDAO/GGBR ratio, so it holds regardless of market direction.

Gold DAO →Goldfish Gold →