Goldfish Gold vs Matrixdock Gold

Goldfish Gold (GGBR) is 1.2× the size of Matrixdock Gold (XAUM) by market capitalisation. Over the past 30 days, GGBR is ahead by 6.4 percentage points (GGBR -0.2% against XAUM -6.6%). Their daily returns move loosely together (correlation 0.49 across 55 shared trading days). GGBR has been the more volatile of the two, at 41% annualised against XAUM's 24%.

Correlation: 0.49
Size ratio: 1.2×
Ahead over 30 days: GGBR

Goldfish GoldGGBR

$4.1000

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

Matrixdock GoldXAUM

$4,081.01

24h: +3.35%
Market cap: $70.85M
Volume 24h: $433,824
Volatility (ann.): 24%

GGBR 54.1%Share of the two combined market caps45.9% XAUM

Performance

GGBRXAUM

7 days+0.50%+0.19%GGBR
30 days-0.25%-6.64%GGBR

Correlation

0.49over 55 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5490d: 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	XAUM
Max drawdown (400d)	-16.6%	-16.5%
Risk-adjusted return (90d)	-0.17	-0.41

Relative strength over 90 days: GGBR outperformed XAUM by 2.6% — measured on the GGBR/XAUM ratio, so it holds regardless of market direction.

Goldfish Gold →Matrixdock Gold →