Ditto vs EfficientFrontier

EfficientFrontier (SN53) is 15.8× the size of Ditto (SN118) by market capitalisation. Over the past 30 days, SN53 is ahead by 27.6 percentage points (SN118 -4.9% against SN53 +22.7%). Their daily returns move barely together (correlation 0.27 across 27 shared trading days). Both have run at a similar volatility, around 190% annualised.

Correlation: 0.27
Size ratio: 1 : 15.8
Ahead over 30 days: SN53

DittoSN118

$0.843418

24h: -2.91%
Market cap: $2.54M
Volume 24h: $452,662
Volatility (ann.): 179%

EfficientFrontierSN53

$6.8800

24h: -2.34%
Market cap: $40.24M
Volume 24h: $2.28M
Volatility (ann.): 200%

SN118 5.9%Share of the two combined market caps94.1% SN53

Performance

SN118SN53

7 days+10.85%-14.51%SN118
30 days-4.86%+22.72%SN53

Correlation

0.27over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2790d: 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	SN118	SN53
Max drawdown (400d)	-34.9%	-40.6%
Risk-adjusted return (90d)	-0.03	0.09

Relative strength over 90 days: SN53 outperformed SN118 by 27.2% — measured on the SN118/SN53 ratio, so it holds regardless of market direction.

Ditto →EfficientFrontier →