AINFT (NFT) is 564.7× the size of JRNY (JRNY) by market capitalisation. Over the past 30 days, NFT is ahead by 15.8 percentage points (JRNY -17.2% against NFT -1.3%). Their daily returns move barely in opposite directions (correlation -0.28 across 23 shared trading days). Both have run at a similar volatility, around 35% annualised.
JRNYNFT
-0.28over 23 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 | JRNY | NFT |
|---|---|---|
| Max drawdown (400d) | -21.9% | -18.9% |
| Risk-adjusted return (90d) | -0.56 | -0.53 |
Relative strength over 90 days: NFT outperformed JRNY by 4.7% — measured on the JRNY/NFT ratio, so it holds regardless of market direction.