Dogecoin (DOGE) is 1433.9× the size of LOFI (LOFI) by market capitalisation. Over the past 1 year, LOFI is ahead by 1.3 percentage points (LOFI -53.7% against DOGE -55.1%). Their daily returns move loosely together (correlation 0.40 across 373 shared trading days). LOFI has been the more volatile of the two, at 170% annualised against DOGE's 70%.
LOFIDOGE
0.40over 373 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 | LOFI | DOGE |
|---|---|---|
| Max drawdown (400d) | -88.6% | -74.0% |
| Risk-adjusted return (90d) | 0.80 | 0.11 |
| Best 30 days (past year) | +158.2% | +34.3% |
| Worst 30 days (past year) | -63.4% | -41.2% |
Relative strength over 90 days: LOFI outperformed DOGE by 119.6% — measured on the LOFI/DOGE ratio, so it holds regardless of market direction.