Melania Meme (MELANIA) is 885.0× the size of Mini Donald (BARRON) by market capitalisation. Their daily returns move loosely together (correlation 0.39 across 35 shared trading days). BARRON has been the more volatile of the two, at 127% annualised against MELANIA's 111%.
BARRONMELANIA
0.39over 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 | BARRON | MELANIA |
|---|---|---|
| Max drawdown (400d) | -74.0% | -41.2% |
| Risk-adjusted return (90d) | 0.35 | -0.03 |
Relative strength over 90 days: MELANIA outperformed BARRON by 3.4% — measured on the BARRON/MELANIA ratio, so it holds regardless of market direction.