Artificial Superintelligence Alliance (FET) is 17196.5× the size of Laika AI (LKI) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.06 across 215 shared trading days). LKI has been the more volatile of the two, at 209% annualised against FET's 119%.
$0.146700
LKIFET
-0.06over 215 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 | LKI | FET |
|---|---|---|
| Max drawdown (400d) | -97.3% | -79.7% |
| Risk-adjusted return (90d) | -0.32 | 0.04 |
| Best 30 days (past year) | — | +77.4% |
| Worst 30 days (past year) | — | -49.9% |
Relative strength over 90 days: FET outperformed LKI by 81.4% — measured on the LKI/FET ratio, so it holds regardless of market direction.