Artificial Superintelligence Alliance (FET) is 6605.7× the size of MOE (MOE) by market capitalisation. Their daily returns move loosely together (correlation 0.43 across 28 shared trading days). FET has been the more volatile of the two, at 118% annualised against MOE's 50%.
$0.148800
MOEFET
0.43over 28 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 | MOE | FET |
|---|---|---|
| Max drawdown (400d) | -27.4% | -80.0% |
| Risk-adjusted return (90d) | -0.43 | 0.18 |
| Best 30 days (past year) | — | +77.4% |
| Worst 30 days (past year) | — | -49.9% |
Relative strength over 90 days: MOE outperformed FET by 16.4% — measured on the MOE/FET ratio, so it holds regardless of market direction.