Pengu On Robinhood vs Ethereum
Pengu On Robinhood (PENGU) and Ethereum (ETH) compared side by side. Over the past 1 year, ETH is ahead by 33.0 percentage points (PENGU -66.1% against ETH -33.1%). Their daily returns move closely together (correlation 0.74 across 399 shared trading days). PENGU has been the more volatile of the two, at 105% annualised against ETH's 63%.
Performance
| Period | PENGU | ETH | Ahead |
|---|---|---|---|
| 7 days | -5.14% | +1.64% | ETH |
| 30 days | +10.91% | +10.06% | PENGU |
| 90 days | +55.23% | +66.68% | ETH |
| 1 year | -66.12% | -33.09% | ETH |
Risk & extremes
| Metric | PENGU | ETH |
|---|---|---|
| Max drawdown (400d) | -84.9% | -66.7% |
| Risk-adjusted return (90d) | 0.56 | 1.20 |
| Best 30 days (past year) | +75.1% | +34.1% |
| Worst 30 days (past year) | -55.2% | -44.6% |
Relative strength over 90 days: ETH outperformed PENGU by 1.0% — measured on the PENGU/ETH ratio, so it holds regardless of market direction.
Correlation
0.74over 399 shared trading days
7d: insufficient data30d: 0.6190d: 0.601y: 0.75
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.