OroBit (XRB) and Arbitrum (ARB) compared side by side. Over the past 1 year, XRB is ahead by 95.1 percentage points (XRB +55.6% against ARB -39.5%). Their daily returns move barely in opposite directions (correlation -0.02 across 363 shared trading days). Both have run at a similar volatility, around 99% annualised.
XRBARB
-0.02over 363 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 | XRB | ARB |
|---|---|---|
| Max drawdown (400d) | -62.1% | -84.1% |
| Risk-adjusted return (90d) | 0.35 | 0.66 |
| Best 30 days (past year) | — | +157.6% |
| Worst 30 days (past year) | — | -51.6% |
Relative strength over 90 days: ARB outperformed XRB by 57.3% — measured on the XRB/ARB ratio, so it holds regardless of market direction.