HEX vs XRP

HEX (HEX) and XRP (XRP) compared side by side. Their daily returns move closely together (correlation 0.65 across 39 shared trading days). HEX has been the more volatile of the two, at 167% annualised against XRP's 65%.

Correlation: 0.65

HEXHEX

$0.000531

24h: +1.24%
Market cap: —
Volume 24h: $39,894
Volatility (ann.): 167%

XRPXRP

$1.3002

24h: +3.83%
Market cap: $82.46B
Volume 24h: $2.61B
Volatility (ann.): 65%

HEX 0.0%Share of the two combined market caps100.0% XRP

Performance

HEXXRP

7 days-1.62%-1.57%XRP
30 days-48.74%-13.43%XRP
90 days—+26.09%—
1 year—-40.82%—

Correlation

0.65over 39 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6690d: 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	HEX	XRP
Max drawdown (400d)	-59.8%	-67.3%
Risk-adjusted return (90d)	-0.30	0.37
Best 30 days (past year)	—	+41.9%
Worst 30 days (past year)	—	-47.3%

Relative strength over 90 days: XRP outperformed HEX by 48.0% — measured on the HEX/XRP ratio, so it holds regardless of market direction.

HEX →XRP →