Mixin (XIN) and Ethereum (ETH) compared side by side. Over the past 1 year, ETH is ahead by 13.6 percentage points (XIN -39.9% against ETH -26.2%). Their daily returns move loosely together (correlation 0.56 across 373 shared trading days). Both have run at a similar volatility, around 61% annualised.
XINETH
0.56over 373 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 | XIN | ETH |
|---|---|---|
| Max drawdown (400d) | -55.7% | -66.5% |
| Risk-adjusted return (90d) | -0.07 | 0.50 |
| Best 30 days (past year) | +35.9% | +34.1% |
| Worst 30 days (past year) | -36.5% | -44.6% |
Relative strength over 90 days: ETH outperformed XIN by 29.1% — measured on the XIN/ETH ratio, so it holds regardless of market direction.