Lil Vader (LILVADER) and Bordrless (BORDR) compared side by side. Over the past 30 days, LILVADER is ahead by 121.2 percentage points (LILVADER +21.5% against BORDR -99.6%). Their daily returns move barely in opposite directions (correlation -0.26 across 26 shared trading days). LILVADER has been the more volatile of the two, at 2659% annualised against BORDR's 932%.
LILVADERBORDR
-0.26over 26 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 | LILVADER | BORDR |
|---|---|---|
| Max drawdown (400d) | -86.5% | -99.8% |
| Risk-adjusted return (90d) | -0.02 | -0.10 |
Relative strength over 90 days: LILVADER outperformed BORDR by 7488.7% — measured on the LILVADER/BORDR ratio, so it holds regardless of market direction.