VeBetterDAO (B3TR) is 1.2× the size of IMPT (IMPT) by market capitalisation. Over the past 1 year, IMPT is ahead by 27.7 percentage points (IMPT -57.6% against B3TR -85.3%). Their daily returns move barely together (correlation 0.34 across 363 shared trading days). Both have run at a similar volatility, around 84% annualised.
IMPTB3TR
0.34over 363 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 | IMPT | B3TR |
|---|---|---|
| Max drawdown (400d) | -79.3% | -93.8% |
| Risk-adjusted return (90d) | 0.18 | 0.74 |
| Best 30 days (past year) | +88.2% | — |
| Worst 30 days (past year) | -53.0% | — |
Relative strength over 90 days: IMPT outperformed B3TR by 56.5% — measured on the IMPT/B3TR ratio, so it holds regardless of market direction.