AWE Network (AWE) is 241.9× the size of META FINANCIAL AI (MEFAI) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.01 across 35 shared trading days). Both have run at a similar volatility, around 79% annualised.
MEFAIAWE
-0.01over 35 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 | MEFAI | AWE |
|---|---|---|
| Max drawdown (400d) | -31.1% | -60.1% |
| Risk-adjusted return (90d) | -0.42 | 0.20 |
| Best 30 days (past year) | — | +87.1% |
| Worst 30 days (past year) | — | -46.6% |
Relative strength over 90 days: AWE outperformed MEFAI by 21.2% — measured on the MEFAI/AWE ratio, so it holds regardless of market direction.