Official Trump (TRUMP) is 2.1× the size of dogwifhat (WIF) by market capitalisation. Over the past 1 year, WIF is ahead by 24.2 percentage points (TRUMP -81.7% against WIF -57.6%). Their daily returns move loosely together (correlation 0.54 across 399 shared trading days). Both have run at a similar volatility, around 101% annualised.
TRUMPWIF
0.54over 399 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 | TRUMP | WIF |
|---|---|---|
| Max drawdown (400d) | -85.7% | -83.1% |
| Risk-adjusted return (90d) | -0.11 | 0.21 |
| Best 30 days (past year) | +87.1% | +57.5% |
| Worst 30 days (past year) | -42.0% | -50.5% |
Relative strength over 90 days: WIF outperformed TRUMP by 29.5% — measured on the TRUMP/WIF ratio, so it holds regardless of market direction.