XRP (XRP) is 49.7× the size of Morpho (MORPHO) by market capitalisation. Over the past 1 year, MORPHO is ahead by 87.4 percentage points (MORPHO +32.8% against XRP -54.6%). Their daily returns move loosely together (correlation 0.55 across 351 shared trading days). MORPHO has been the more volatile of the two, at 95% annualised against XRP's 66%.
| Period | MORPHO | XRP | Ahead |
|---|---|---|---|
| 7 days | +7.94% | +2.94% | MORPHO |
| 30 days | +12.53% | +26.25% | XRP |
| 90 days | +36.63% | +21.43% | MORPHO |
| 1 year | +32.84% | -54.57% | MORPHO |
| Metric | MORPHO | XRP |
|---|---|---|
| Max drawdown (400d) | -51.0% | -68.2% |
| Risk-adjusted return (90d) | 0.41 | 0.32 |
| Best 30 days (past year) | — | +41.9% |
| Worst 30 days (past year) | — | -47.3% |
Relative strength over 90 days: MORPHO outperformed XRP by 12.5% — measured on the MORPHO/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.