Virtuals Protocol (VIRTUAL) is 327.9× the size of HyperGPT (HGPT) by market capitalisation. Over the past 1 year, VIRTUAL is ahead by 28.1 percentage points (HGPT -87.7% against VIRTUAL -59.6%). Their daily returns move loosely together (correlation 0.44 across 373 shared trading days). VIRTUAL has been the more volatile of the two, at 119% annualised against HGPT's 102%.
HGPTVIRTUAL
0.44over 373 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 | HGPT | VIRTUAL |
|---|---|---|
| Max drawdown (400d) | -91.1% | -71.7% |
| Risk-adjusted return (90d) | 0.04 | 0.04 |
| Best 30 days (past year) | +95.7% | +47.4% |
| Worst 30 days (past year) | -56.3% | -54.7% |
Relative strength over 90 days: HGPT outperformed VIRTUAL by 8.0% — measured on the HGPT/VIRTUAL ratio, so it holds regardless of market direction.