Curve DAO (CRV) is 603.3× the size of Persistence One (XPRT) by market capitalisation. Over the past 1 year, CRV is ahead by 44.7 percentage points (XPRT -84.0% against CRV -39.2%). Their daily returns move barely together (correlation 0.08 across 366 shared trading days). XPRT has been the more volatile of the two, at 257% annualised against CRV's 92%.
XPRTCRV
0.08over 366 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 | XPRT | CRV |
|---|---|---|
| Max drawdown (400d) | -95.7% | -76.8% |
| Risk-adjusted return (90d) | 0.33 | 0.27 |
| Best 30 days (past year) | +275.2% | +82.7% |
| Worst 30 days (past year) | -78.2% | -46.1% |
Relative strength over 90 days: XPRT outperformed CRV by 53.7% — measured on the XPRT/CRV ratio, so it holds regardless of market direction.