Artificial Superintelligence Alliance (FET) is 5806.4× the size of H1DR4 by Virtuals (H1DR4) by market capitalisation. Their daily returns move barely together (correlation 0.09 across 188 shared trading days). H1DR4 has been the more volatile of the two, at 1232% annualised against FET's 118%.
$0.149100
H1DR4FET
0.09over 188 shared trading days
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.
| Metric | H1DR4 | FET |
|---|---|---|
| Max drawdown (400d) | -91.8% | -80.0% |
| Risk-adjusted return (90d) | -0.35 | 0.18 |
| Best 30 days (past year) | — | +77.4% |
| Worst 30 days (past year) | — | -49.9% |
Relative strength over 90 days: FET outperformed H1DR4 by 62.6% — measured on the H1DR4/FET ratio, so it holds regardless of market direction.