Goldfish Gold vs Kinesis Gold

Kinesis Gold (KAU) is 4.3× the size of Goldfish Gold (GGBR) by market capitalisation. Over the past 30 days, GGBR is ahead by 5.4 percentage points (GGBR -0.2% against KAU -5.6%). Their daily returns move barely together (correlation 0.34 across 54 shared trading days). GGBR has been the more volatile of the two, at 41% annualised against KAU's 34%.

Correlation: 0.34
Size ratio: 1 : 4.3
Ahead over 30 days: GGBR

Goldfish GoldGGBR

$4.1000

24h: +3.97%
Market cap: $83.65M
Volume 24h: $105,728
Volatility (ann.): 41%

Kinesis GoldKAU

$132.2200

24h: +3.99%
Market cap: $362.17M
Volume 24h: $542,500
Volatility (ann.): 34%

GGBR 18.8%Share of the two combined market caps81.2% KAU

Performance

GGBRKAU

7 days+0.50%+0.25%GGBR
30 days-0.25%-5.61%GGBR

Correlation

0.34over 54 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2790d: 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	GGBR	KAU
Max drawdown (400d)	-16.6%	-18.0%
Risk-adjusted return (90d)	-0.17	-0.22

Relative strength over 90 days: KAU outperformed GGBR by 0.5% — measured on the GGBR/KAU ratio, so it holds regardless of market direction.

Goldfish Gold →Kinesis Gold →