VeBetterDAO (B3TR) is 6.8× the size of Habitat (HABITAT) by market capitalisation. Their daily returns move loosely together (correlation 0.36 across 182 shared trading days). HABITAT has been the more volatile of the two, at 122% annualised against B3TR's 84%.
HABITATB3TR
0.36over 182 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 | HABITAT | B3TR |
|---|---|---|
| Max drawdown (400d) | -85.4% | -93.8% |
| Risk-adjusted return (90d) | -0.13 | 0.74 |
Relative strength over 90 days: HABITAT outperformed B3TR by 28.6% — measured on the HABITAT/B3TR ratio, so it holds regardless of market direction.