Digital Gold vs Goldfish Gold

Goldfish Gold (GGBR) is 8.7× the size of Digital Gold (DGLD) by market capitalisation. Over the past 30 days, GGBR is ahead by 8.9 percentage points (DGLD -10.7% against GGBR -1.7%). Their daily returns move barely together (correlation 0.25 across 33 shared trading days). GGBR has been the more volatile of the two, at 41% annualised against DGLD's 30%.

Correlation: 0.25
Size ratio: 1 : 8.7
Ahead over 30 days: GGBR

Digital GoldDGLD

$3,934.16

24h: -0.62%
Market cap: $9.49M
Volume 24h: $2,916
Volatility (ann.): 30%

Goldfish GoldGGBR

$4.0400

24h: +2.89%
Market cap: $82.38M
Volume 24h: $93,688
Volatility (ann.): 41%

DGLD 10.3%Share of the two combined market caps89.7% GGBR

Performance

DGLDGGBR

7 days-1.75%-2.96%DGLD
30 days-10.66%-1.75%GGBR

Correlation

0.25over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2690d: 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	DGLD	GGBR
Max drawdown (400d)	-15.6%	-16.6%
Risk-adjusted return (90d)	-0.47	-0.23

Relative strength over 90 days: GGBR outperformed DGLD by 2.5% — measured on the DGLD/GGBR ratio, so it holds regardless of market direction.

Digital Gold →Goldfish Gold →