LP 3pool Curve (3CRV) and TempleDAO (TEMPLE) compared side by side. Over the past 30 days, TEMPLE is ahead by 5.9 percentage points (3CRV -0.1% against TEMPLE +5.8%). Their daily returns move barely together (correlation 0.11 across 21 shared trading days). TEMPLE has been the more volatile of the two, at 60% annualised against 3CRV's 2%.
3CRVTEMPLE
0.11over 21 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 | 3CRV | TEMPLE |
|---|---|---|
| Max drawdown (400d) | -0.4% | -13.5% |
| Risk-adjusted return (90d) | 0.00 | 0.04 |
Relative strength over 90 days: 3CRV outperformed TEMPLE by 6.2% — measured on the 3CRV/TEMPLE ratio, so it holds regardless of market direction.