Solana (SOL) is 80359.3× the size of MultiVAC (MTV) by market capitalisation. Over the past 1 year, SOL is ahead by 33.6 percentage points (MTV -77.7% against SOL -44.1%). Their daily returns move barely together (correlation 0.10 across 370 shared trading days). Both have run at a similar volatility, around 63% annualised.
MTVSOL
0.10over 370 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 | MTV | SOL |
|---|---|---|
| Max drawdown (400d) | -80.5% | -73.5% |
| Risk-adjusted return (90d) | -0.81 | 0.44 |
| Best 30 days (past year) | +46.5% | +47.8% |
| Worst 30 days (past year) | -33.8% | -46.1% |
Relative strength over 90 days: SOL outperformed MTV by 47.5% — measured on the MTV/SOL ratio, so it holds regardless of market direction.