Kekistan vs SPX6900

SPX6900 (SPX) is 3607.3× the size of Kekistan (KEK) by market capitalisation. Over the past 30 days, KEK is ahead by 59.7 percentage points (KEK +37.2% against SPX -22.5%). Their daily returns move loosely in opposite directions (correlation -0.49 across 21 shared trading days). SPX has been the more volatile of the two, at 112% annualised against KEK's 89%.

Correlation: -0.49
Size ratio: 1 : 3607.3
Ahead over 30 days: KEK

KekistanKEK

$2.305e-7

24h: +9.25%
Market cap: $96,972
Volume 24h: $251
Volatility (ann.): 89%

SPX6900SPX

$0.375734

24h: -0.80%
Market cap: $349.80M
Volume 24h: $7.56M
Volatility (ann.): 112%

KEK 0.0%Share of the two combined market caps100.0% SPX

Performance

KEKSPX

7 days+26.33%-5.36%KEK
30 days+37.16%-22.50%KEK

Correlation

-0.49over 21 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: insufficient data1y: insufficient data

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.

Risk & extremes

Metric	KEK	SPX
Max drawdown (400d)	-9.1%	-42.9%
Risk-adjusted return (90d)	0.42	0.16

Relative strength over 90 days: KEK outperformed SPX by 17.6% — measured on the KEK/SPX ratio, so it holds regardless of market direction.

Kekistan →SPX6900 →