0xMarkets vs EfficientFrontier

EfficientFrontier (SN53) is 525.6× the size of 0xMarkets (SN35) by market capitalisation. Over the past 30 days, SN35 is ahead by 66.6 percentage points (SN35 +69.9% against SN53 +3.3%). Their daily returns move barely together (correlation 0.15 across 25 shared trading days). SN35 has been the more volatile of the two, at 1012% annualised against SN53's 198%.

Correlation: 0.15
Size ratio: 1 : 525.6
Ahead over 30 days: SN35

0xMarketsSN35

$0.142249

24h: -0.90%
Market cap: $72,724
Volume 24h: $26,270
Volatility (ann.): 1012%

EfficientFrontierSN53

$6.5400

24h: -7.38%
Market cap: $38.23M
Volume 24h: $2.06M
Volatility (ann.): 198%

SN35 0.2%Share of the two combined market caps99.8% SN53

Performance

SN35SN53

7 days+14.46%-20.65%SN35
30 days+69.89%+3.32%SN35

Correlation

0.15over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1590d: 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	SN35	SN53
Max drawdown (400d)	-59.3%	-41.8%
Risk-adjusted return (90d)	0.07	0.06

Relative strength over 90 days: SN35 outperformed SN53 by 33.6% — measured on the SN35/SN53 ratio, so it holds regardless of market direction.

0xMarkets →EfficientFrontier →