XDC Network (XDC) is 1174.2× the size of Neurai (XNA) by market capitalisation. Their daily returns move barely together (correlation 0.00 across 35 shared trading days). XNA has been the more volatile of the two, at 92% annualised against XDC's 62%.
XNAXDC
0.00over 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 | XNA | XDC |
|---|---|---|
| Max drawdown (400d) | -80.7% | -11.8% |
| Risk-adjusted return (90d) | 0.61 | 0.24 |
Relative strength over 90 days: XNA outperformed XDC by 2.6% — measured on the XNA/XDC ratio, so it holds regardless of market direction.