Pepe 2.0 vs Ape and Pepe

Ape and Pepe (APEPE) is 592.6× the size of Pepe 2.0 (PEPE2.0) by market capitalisation. Over the past 30 days, APEPE is ahead by 34.5 percentage points (PEPE2.0 -40.1% against APEPE -5.6%). Their daily returns move barely together (correlation 0.29 across 27 shared trading days). Both have run at a similar volatility, around 93% annualised.

Correlation: 0.29
Size ratio: 1 : 592.6
Ahead over 30 days: APEPE

Pepe 2.0PEPE2.0

$8.930e-10

24h: -18.71%
Market cap: $418,817
Volume 24h: $2,209
Volatility (ann.): 94%

Ape and PepeAPEPE

$1.180e-6

24h: -1.53%
Market cap: $248.18M
Volume 24h: $9.53M
Volatility (ann.): 92%

PEPE2.0 0.2%Share of the two combined market caps99.8% APEPE

Performance

PEPE2.0APEPE

7 days-6.10%-7.81%PEPE2.0
30 days-40.13%-5.60%APEPE

Correlation

0.29over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2990d: 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	PEPE2.0	APEPE
Max drawdown (400d)	-55.0%	-24.0%
Risk-adjusted return (90d)	-0.50	0.31

Relative strength over 90 days: APEPE outperformed PEPE2.0 by 54.0% — measured on the PEPE2.0/APEPE ratio, so it holds regardless of market direction.

Pepe 2.0 →Ape and Pepe →