Digital Gold vs Kinesis Silver

Kinesis Silver (KAG) is 20.4× the size of Digital Gold (DGLD) by market capitalisation. Over the past 30 days, DGLD is ahead by 10.6 percentage points (DGLD -10.7% against KAG -21.3%). Their daily returns move loosely together (correlation 0.59 across 32 shared trading days). KAG has been the more volatile of the two, at 200% annualised against DGLD's 30%.

Correlation: 0.59
Size ratio: 1 : 20.4
Ahead over 30 days: DGLD

Digital GoldDGLD

$3,934.16

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

Kinesis SilverKAG

$52.6300

24h: +5.65%
Market cap: $193.37M
Volume 24h: $397,349
Volatility (ann.): 200%

DGLD 4.7%Share of the two combined market caps95.3% KAG

Performance

DGLDKAG

7 days-1.75%-8.47%DGLD
30 days-10.66%-21.26%DGLD

Correlation

0.59over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6090d: 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	KAG
Max drawdown (400d)	-15.6%	-36.6%
Risk-adjusted return (90d)	-0.47	-0.12

Relative strength over 90 days: DGLD outperformed KAG by 16.6% — measured on the DGLD/KAG ratio, so it holds regardless of market direction.

Digital Gold →Kinesis Silver →