LeverUp vs Derive

Derive (DRV) is 89.8× the size of LeverUp (LV) by market capitalisation. Over the past 30 days, DRV is ahead by 147.0 percentage points (LV -33.1% against DRV +113.9%). Their daily returns move loosely together (correlation 0.53 across 33 shared trading days). DRV has been the more volatile of the two, at 596% annualised against LV's 113%.

Correlation: 0.53
Size ratio: 1 : 89.8
Ahead over 30 days: DRV

LeverUpLV

$0.044280

24h: +0.65%
Market cap: $3.99M
Volume 24h: $2
Volatility (ann.): 113%

DeriveDRV

$0.336947

24h: +11.08%
Market cap: $357.92M
Volume 24h: $6.71M
Volatility (ann.): 596%

LV 1.1%Share of the two combined market caps98.9% DRV

Performance

LVDRV

7 days-20.57%-12.47%DRV
30 days-33.09%+113.87%DRV

Correlation

0.53over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5490d: 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	LV	DRV
Max drawdown (400d)	-40.0%	-32.6%
Risk-adjusted return (90d)	-0.32	0.40

Relative strength over 90 days: DRV outperformed LV by 66.4% — measured on the LV/DRV ratio, so it holds regardless of market direction.

LeverUp →Derive →