Leverage Pad vs Bordrless

Leverage Pad (LEVERAGE) and Bordrless (BORDR) compared side by side. Over the past 30 days, LEVERAGE is ahead by 25.8 percentage points (LEVERAGE -74.0% against BORDR -99.7%). Their daily returns move barely together (correlation 0.04 across 20 shared trading days). BORDR has been the more volatile of the two, at 919% annualised against LEVERAGE's 156%.

Correlation: 0.04
Ahead over 30 days: LEVERAGE

Leverage PadLEVERAGE

$3.287e-6

24h: +0.43%
Market cap: —
Volume 24h: $1
Volatility (ann.): 156%

BordrlessBORDR

$2.055e-5

24h: +23.32%
Market cap: $20,548
Volume 24h: $1.10M
Volatility (ann.): 919%

LEVERAGE 0.0%Share of the two combined market caps100.0% BORDR

Performance

LEVERAGEBORDR

7 days-29.17%-35.15%LEVERAGE
30 days-73.96%-99.72%LEVERAGE

Correlation

0.04over 20 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	LEVERAGE	BORDR
Max drawdown (400d)	-74.0%	-99.8%
Risk-adjusted return (90d)	-0.47	-0.11

Relative strength over 90 days: LEVERAGE outperformed BORDR by 1795.1% — measured on the LEVERAGE/BORDR ratio, so it holds regardless of market direction.

Leverage Pad →Bordrless →