Artificial Superintelligence Alliance (FET) is 35980.5× the size of KIGU (KIGU) by market capitalisation. Their daily returns move barely together (correlation 0.00 across 27 shared trading days). KIGU has been the more volatile of the two, at 159% annualised against FET's 118%.
$0.157000
KIGUFET
0.00over 27 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 | KIGU | FET |
|---|---|---|
| Max drawdown (400d) | -30.0% | -80.0% |
| Risk-adjusted return (90d) | 0.10 | 0.18 |
| Best 30 days (past year) | — | +77.4% |
| Worst 30 days (past year) | — | -49.9% |
Relative strength over 90 days: KIGU outperformed FET by 64.1% — measured on the KIGU/FET ratio, so it holds regardless of market direction.