dogwifhat (WIF) is 1515.1× the size of Only Possible On Solana (OPOS) by market capitalisation. Their daily returns move barely together (correlation 0.06 across 190 shared trading days). OPOS has been the more volatile of the two, at 971958% annualised against WIF's 104%.
$0.145112
OPOSWIF
0.06over 190 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 | OPOS | WIF |
|---|---|---|
| Max drawdown (400d) | -100.0% | -83.1% |
| Risk-adjusted return (90d) | 0.44 | 0.21 |
| Best 30 days (past year) | — | +57.5% |
| Worst 30 days (past year) | — | -50.5% |
Relative strength over 90 days: OPOS outperformed WIF by 542026.5% — measured on the OPOS/WIF ratio, so it holds regardless of market direction.