XRP (XRP) is 628.0× the size of Meteora (MET) by market capitalisation. Over the past 1 year, MET is ahead by 14.3 percentage points (MET -38.6% against XRP -52.8%). Their daily returns move loosely together (correlation 0.49 across 311 shared trading days). MET has been the more volatile of the two, at 111% annualised against XRP's 66%.
| Period | MET | XRP | Ahead |
|---|---|---|---|
| 7 days | +14.24% | +3.23% | MET |
| 30 days | +22.81% | +11.22% | MET |
| 90 days | +59.31% | +25.39% | MET |
| 1 year | -38.58% | -52.83% | MET |
| Metric | MET | XRP |
|---|---|---|
| Max drawdown (400d) | -78.8% | -68.2% |
| Risk-adjusted return (90d) | 0.52 | 0.38 |
| Best 30 days (past year) | — | +41.9% |
| Worst 30 days (past year) | — | -47.3% |
Relative strength over 90 days: MET outperformed XRP by 27.1% — measured on the MET/XRP ratio, so it holds regardless of market direction.
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.