deBridge (DBR) is 331.8× the size of JustMoney (JM) by market capitalisation. Their daily returns move loosely together (correlation 0.53 across 31 shared trading days). DBR has been the more volatile of the two, at 125% annualised against JM's 61%.
JMDBR
0.53over 31 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 | JM | DBR |
|---|---|---|
| Max drawdown (400d) | -42.9% | -46.1% |
| Risk-adjusted return (90d) | -0.24 | -0.10 |
Relative strength over 90 days: DBR outperformed JM by 9.6% — measured on the JM/DBR ratio, so it holds regardless of market direction.