Vanta Network vs lium

lium (SN51) is 3.2× the size of Vanta Network (VANTA) by market capitalisation. Over the past 30 days, SN51 is ahead by 1.6 percentage points (VANTA +14.6% against SN51 +16.1%). Their daily returns move very closely together (correlation 0.89 across 46 shared trading days). SN51 has been the more volatile of the two, at 140% annualised against VANTA's 90%.

Correlation: 0.89
Size ratio: 1 : 3.2
Ahead over 30 days: SN51

Vanta NetworkVANTA

$7.7500

24h: +5.31%
Market cap: $43.44M
Volume 24h: $282,851
Volatility (ann.): 90%

liumSN51

$27.6100

24h: +5.00%
Market cap: $139.87M
Volume 24h: $1.61M
Volatility (ann.): 140%

VANTA 23.7%Share of the two combined market caps76.3% SN51

Performance

VANTASN51

7 days-6.10%-13.99%VANTA
30 days+14.57%+16.13%SN51

Correlation

0.89over 46 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.8890d: 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	VANTA	SN51
Max drawdown (400d)	-23.8%	-19.1%
Risk-adjusted return (90d)	0.11	0.59

Relative strength over 90 days: SN51 outperformed VANTA by 19.3% — measured on the VANTA/SN51 ratio, so it holds regardless of market direction.

Vanta Network →lium →