Artificial Superintelligence Alliance (FET) is 664.1× the size of Juggernaut (JGN) by market capitalisation. Their daily returns move barely together (correlation 0.06 across 33 shared trading days). JGN has been the more volatile of the two, at 238% annualised against FET's 118%.
$0.160400
JGNFET
0.06over 33 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 | JGN | FET |
|---|---|---|
| Max drawdown (400d) | -16.8% | -80.0% |
| Risk-adjusted return (90d) | 0.38 | 0.18 |
| Best 30 days (past year) | — | +77.4% |
| Worst 30 days (past year) | — | -49.9% |
Relative strength over 90 days: JGN outperformed FET by 170.7% — measured on the JGN/FET ratio, so it holds regardless of market direction.