Kula (KULA) and Stellar (XLM) compared side by side. Over the past 1 year, XLM is ahead by 53.2 percentage points (KULA -94.9% against XLM -41.7%). Their daily returns move barely together (correlation 0.01 across 372 shared trading days). Both have run at a similar volatility, around 80% annualised.
KULAXLM
0.01over 372 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 | KULA | XLM |
|---|---|---|
| Max drawdown (400d) | -95.1% | -64.9% |
| Risk-adjusted return (90d) | -0.88 | -0.02 |
| Best 30 days (past year) | +16.9% | +63.3% |
| Worst 30 days (past year) | -56.2% | -39.7% |
Relative strength over 90 days: XLM outperformed KULA by 51.3% — measured on the KULA/XLM ratio, so it holds regardless of market direction.