Lil' Shrub vs Ethereum
Ethereum (ETH) is 2054822.3× the size of Lil' Shrub (SHRUB) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.02 across 30 shared trading days). SHRUB has been the more volatile of the two, at 181733% annualised against ETH's 63%.
Performance
| Period | SHRUB | ETH | Ahead |
|---|---|---|---|
| 7 days | +87.28% | +0.05% | SHRUB |
| 30 days | -35.56% | +8.85% | ETH |
| 90 days | — | +57.95% | — |
| 1 year | — | -35.20% | — |
Risk & extremes
| Metric | SHRUB | ETH |
|---|---|---|
| Max drawdown (400d) | -100.0% | -66.7% |
| Risk-adjusted return (90d) | 0.00 | 1.07 |
| Best 30 days (past year) | — | +34.1% |
| Worst 30 days (past year) | — | -44.6% |
Relative strength over 90 days: ETH outperformed SHRUB by 42.3% — measured on the SHRUB/ETH ratio, so it holds regardless of market direction.
Correlation
-0.02over 30 shared trading days
7d: insufficient data30d: -0.0290d: 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.