HumidiFi vs Aerodrome Finance

Aerodrome Finance (AERO) is 18.2× the size of HumidiFi (WET) by market capitalisation. Over the past 90 days, AERO is ahead by 69.3 percentage points (WET -22.0% against AERO +47.3%). Their daily returns move loosely together (correlation 0.48 across 84 shared trading days). AERO has been the more volatile of the two, at 101% annualised against WET's 82%.

Correlation: 0.48
Size ratio: 1 : 18.2
Ahead over 90 days: AERO

HumidiFiWET

$0.054194

24h: -2.07%
Market cap: $12.46M
Volume 24h: $1.23M
Volatility (ann.): 82%

Aerodrome FinanceAERO

$0.624500

24h: +1.60%
Market cap: $226.94M
Volume 24h: $31.21M
Volatility (ann.): 101%

WET 5.2%Share of the two combined market caps94.8% AERO

Performance

WETAERO

7 days+9.58%-10.61%WET
30 days-14.80%-28.90%WET
90 days-21.96%+47.30%AERO

Correlation

0.48over 84 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6390d: 0.481y: 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	WET	AERO
Max drawdown (400d)	-37.6%	-36.4%
Risk-adjusted return (90d)	-0.26	0.44

Relative strength over 90 days: AERO outperformed WET by 38.1% — measured on the WET/AERO ratio, so it holds regardless of market direction.

HumidiFi →Aerodrome Finance →