Kinesis Gold vs Kinesis Silver

Kinesis Gold (KAU) is 1.9× the size of Kinesis Silver (KAG) by market capitalisation. Over the past 30 days, KAU is ahead by 12.7 percentage points (KAU -5.6% against KAG -18.3%). Their daily returns move barely together (correlation 0.14 across 56 shared trading days). KAG has been the more volatile of the two, at 199% annualised against KAU's 34%.

Correlation: 0.14
Size ratio: 1.9×
Ahead over 30 days: KAU

Kinesis GoldKAU

$132.2200

24h: +3.99%
Market cap: $362.17M
Volume 24h: $542,500
Volatility (ann.): 34%

Kinesis SilverKAG

$52.8900

24h: +6.33%
Market cap: $194.34M
Volume 24h: $400,279
Volatility (ann.): 199%

KAU 65.1%Share of the two combined market caps34.9% KAG

Performance

KAUKAG

7 days+0.25%-2.86%KAU
30 days-5.61%-18.34%KAU

Correlation

0.14over 56 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6390d: 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	KAU	KAG
Max drawdown (400d)	-18.0%	-36.6%
Risk-adjusted return (90d)	-0.22	-0.10

Relative strength over 90 days: KAU outperformed KAG by 15.3% — measured on the KAU/KAG ratio, so it holds regardless of market direction.

Kinesis Gold →Kinesis Silver →