OMEGA Labs vs EfficientFrontier

EfficientFrontier (SN53) is 2.4× the size of OMEGA Labs (SN24) by market capitalisation. Over the past 30 days, SN24 is ahead by 47.4 percentage points (SN24 +50.7% against SN53 +3.3%). Their daily returns move barely together (correlation 0.12 across 28 shared trading days). SN53 has been the more volatile of the two, at 198% annualised against SN24's 110%.

Correlation: 0.12
Size ratio: 1 : 2.4
Ahead over 30 days: SN24

OMEGA LabsSN24

$2.7100

24h: +1.98%
Market cap: $14.78M
Volume 24h: $987,248
Volatility (ann.): 110%

EfficientFrontierSN53

$6.0100

24h: -13.92%
Market cap: $35.17M
Volume 24h: $1.97M
Volatility (ann.): 198%

SN24 29.6%Share of the two combined market caps70.4% SN53

Performance

SN24SN53

7 days-1.42%-20.65%SN24
30 days+50.75%+3.32%SN24

Correlation

0.12over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1290d: 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	SN24	SN53
Max drawdown (400d)	-11.3%	-41.8%
Risk-adjusted return (90d)	0.46	0.06

Relative strength over 90 days: SN24 outperformed SN53 by 17.6% — measured on the SN24/SN53 ratio, so it holds regardless of market direction.

OMEGA Labs →EfficientFrontier →