Herculis Gold Coin vs Goldfish Gold

Goldfish Gold (GGBR) is 41.8× the size of Herculis Gold Coin (XAUH) by market capitalisation. Over the past 30 days, GGBR is ahead by 9.3 percentage points (XAUH -11.0% against GGBR -1.7%). Their daily returns move barely together (correlation 0.32 across 31 shared trading days). GGBR has been the more volatile of the two, at 41% annualised against XAUH's 25%.

Correlation: 0.32
Size ratio: 1 : 41.8
Ahead over 30 days: GGBR

Herculis Gold CoinXAUH

$127.1500

24h: -0.07%
Market cap: $1.97M
Volume 24h: $152,374
Volatility (ann.): 25%

Goldfish GoldGGBR

$4.0400

24h: +3.40%
Market cap: $82.45M
Volume 24h: $100,739
Volatility (ann.): 41%

XAUH 2.3%Share of the two combined market caps97.7% GGBR

Performance

XAUHGGBR

7 days-2.52%-2.96%XAUH
30 days-11.01%-1.75%GGBR

Correlation

0.32over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3290d: 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	XAUH	GGBR
Max drawdown (400d)	-13.3%	-16.6%
Risk-adjusted return (90d)	-0.47	-0.23

Relative strength over 90 days: GGBR outperformed XAUH by 0.2% — measured on the XAUH/GGBR ratio, so it holds regardless of market direction.

Herculis Gold Coin →Goldfish Gold →