Oneoneone vs EfficientFrontier

EfficientFrontier (SN53) is 10.0× the size of Oneoneone (SN111) by market capitalisation. Over the past 30 days, SN53 is ahead by 38.7 percentage points (SN111 -16.0% against SN53 +22.7%). Their daily returns move barely together (correlation 0.18 across 27 shared trading days). SN53 has been the more volatile of the two, at 200% annualised against SN111's 117%.

Correlation: 0.18
Size ratio: 1 : 10.0
Ahead over 30 days: SN53

OneoneoneSN111

$0.913914

24h: -0.17%
Market cap: $4.02M
Volume 24h: $103,894
Volatility (ann.): 117%

EfficientFrontierSN53

$6.8800

24h: -3.10%
Market cap: $40.18M
Volume 24h: $2.28M
Volatility (ann.): 200%

SN111 9.1%Share of the two combined market caps90.9% SN53

Performance

SN111SN53

7 days-3.52%-14.51%SN111
30 days-15.95%+22.72%SN53

Correlation

0.18over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1890d: 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	SN111	SN53
Max drawdown (400d)	-35.1%	-40.6%
Risk-adjusted return (90d)	-0.14	0.09

Relative strength over 90 days: SN53 outperformed SN111 by 35.6% — measured on the SN111/SN53 ratio, so it holds regardless of market direction.

Oneoneone →EfficientFrontier →