NIX vs XRP

NIX (NIX) and XRP (XRP) compared side by side. Their daily returns move barely together (correlation 0.24 across 31 shared trading days). XRP has been the more volatile of the two, at 65% annualised against NIX's 45%.

Correlation: 0.24

NIXNIX

$8.854e-5

24h: -0.38%
Market cap: —
Volume 24h: $2
Volatility (ann.): 45%

XRPXRP

$1.3108

24h: +2.08%
Market cap: $82.88B
Volume 24h: $2.84B
Volatility (ann.): 65%

NIX 0.0%Share of the two combined market caps100.0% XRP

Performance

NIXXRP

7 days-7.62%-4.10%XRP
30 days-19.13%-16.04%XRP
90 days—+20.18%—
1 year—-44.72%—

Correlation

0.24over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2490d: insufficient data1y: insufficient data

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.

Risk & extremes

Metric	NIX	XRP
Max drawdown (400d)	-21.2%	-67.3%
Risk-adjusted return (90d)	-0.42	0.29
Best 30 days (past year)	—	+41.9%
Worst 30 days (past year)	—	-47.3%

Relative strength over 90 days: XRP outperformed NIX by 5.4% — measured on the NIX/XRP ratio, so it holds regardless of market direction.

NIX →XRP →