Artificial Superintelligence Alliance (FET) is 883.3× the size of HAiO (HAIO) by market capitalisation. Their daily returns move barely together (correlation 0.24 across 26 shared trading days). Both have run at a similar volatility, around 125% annualised.
$0.157000
HAIOFET
0.24over 26 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 | HAIO | FET |
|---|---|---|
| Max drawdown (400d) | -25.9% | -80.0% |
| Risk-adjusted return (90d) | 0.00 | 0.18 |
| Best 30 days (past year) | — | +77.4% |
| Worst 30 days (past year) | — | -49.9% |
Relative strength over 90 days: HAIO outperformed FET by 21.3% — measured on the HAIO/FET ratio, so it holds regardless of market direction.