Inter Stable Token (IST) and GHO (GHO) compared side by side. Over the past 30 days, GHO is ahead by 0.3 percentage points (IST -0.3% against GHO -0.0%). Their daily returns move barely together (correlation 0.05 across 20 shared trading days). IST has been the more volatile of the two, at 17% annualised against GHO's 1%.
ISTGHO
0.05over 20 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 | IST | GHO |
|---|---|---|
| Max drawdown (400d) | -2.3% | -0.2% |
| Risk-adjusted return (90d) | -0.02 | -0.01 |
Relative strength over 90 days: GHO outperformed IST by 1.0% — measured on the IST/GHO ratio, so it holds regardless of market direction.