MDOG (MDOG) and UBI (UBI) compared side by side. Over the past 30 days, MDOG is ahead by 54.2 percentage points (MDOG -10.8% against UBI -65.1%). Their daily returns move barely in opposite directions (correlation -0.35 across 25 shared trading days). UBI has been the more volatile of the two, at 324% annualised against MDOG's 223%.
MDOGUBI
-0.35over 25 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 | MDOG | UBI |
|---|---|---|
| Max drawdown (400d) | -40.5% | -81.0% |
| Risk-adjusted return (90d) | -0.05 | -0.23 |
Relative strength over 90 days: MDOG outperformed UBI by 318.2% — measured on the MDOG/UBI ratio, so it holds regardless of market direction.