Jupiter Project vs XRP
XRP (XRP) is 271847.5× the size of Jupiter Project (JUP) by market capitalisation. Over the past 1 year, JUP is ahead by 22.9 percentage points (JUP -23.1% against XRP -45.9%). Their daily returns move closely together (correlation 0.66 across 399 shared trading days). JUP has been the more volatile of the two, at 96% annualised against XRP's 66%.
Performance
| Period | JUP | XRP | Ahead |
|---|---|---|---|
| 7 days | +11.97% | +7.53% | JUP |
| 30 days | +64.31% | +9.60% | JUP |
| 90 days | +44.13% | +43.22% | JUP |
| 1 year | -23.05% | -45.92% | JUP |
Risk & extremes
| Metric | JUP | XRP |
|---|---|---|
| Max drawdown (400d) | -75.4% | -68.2% |
| Risk-adjusted return (90d) | 0.43 | 0.62 |
| Best 30 days (past year) | +68.5% | +41.9% |
| Worst 30 days (past year) | -44.2% | -47.3% |
Relative strength over 90 days: JUP outperformed XRP by 19.4% — measured on the JUP/XRP ratio, so it holds regardless of market direction.
Correlation
0.66over 399 shared trading days
7d: insufficient data30d: 0.4790d: 0.501y: 0.65
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.