InfiniteHash vs EfficientFrontier

EfficientFrontier (SN53) is 13.3× the size of InfiniteHash (SN89) by market capitalisation. Over the past 30 days, SN53 is ahead by 10.1 percentage points (SN89 +12.6% against SN53 +22.7%). Their daily returns move barely together (correlation 0.33 across 27 shared trading days). SN53 has been the more volatile of the two, at 200% annualised against SN89's 101%.

Correlation: 0.33
Size ratio: 1 : 13.3
Ahead over 30 days: SN53

InfiniteHashSN89

$0.657659

24h: +0.09%
Market cap: $3.03M
Volume 24h: $1,357
Volatility (ann.): 101%

EfficientFrontierSN53

$6.8800

24h: -3.10%
Market cap: $40.18M
Volume 24h: $2.28M
Volatility (ann.): 200%

SN89 7.0%Share of the two combined market caps93.0% SN53

Performance

SN89SN53

7 days-2.86%-14.51%SN89
30 days+12.60%+22.72%SN53

Correlation

0.33over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3390d: 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	SN89	SN53
Max drawdown (400d)	-22.4%	-40.6%
Risk-adjusted return (90d)	0.12	0.09

Relative strength over 90 days: SN53 outperformed SN89 by 14.0% — measured on the SN89/SN53 ratio, so it holds regardless of market direction.

InfiniteHash →EfficientFrontier →