Virtuals Protocol (VIRTUAL) is 30.7× the size of OpenServ (SERV) by market capitalisation. Over the past 1 year, SERV is ahead by 17.6 percentage points (SERV -42.0% against VIRTUAL -59.6%). Their daily returns move loosely together (correlation 0.40 across 373 shared trading days). SERV has been the more volatile of the two, at 206% annualised against VIRTUAL's 119%.
SERVVIRTUAL
0.40over 373 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 | SERV | VIRTUAL |
|---|---|---|
| Max drawdown (400d) | -82.2% | -71.7% |
| Risk-adjusted return (90d) | -0.36 | 0.04 |
| Best 30 days (past year) | +421.9% | +47.4% |
| Worst 30 days (past year) | -63.1% | -54.7% |
Relative strength over 90 days: VIRTUAL outperformed SERV by 55.5% — measured on the SERV/VIRTUAL ratio, so it holds regardless of market direction.