Vanta Network vs Chutes

Chutes (SN64) is 2.3× the size of Vanta Network (VANTA) by market capitalisation. Over the past 30 days, VANTA is ahead by 21.5 percentage points (VANTA +14.6% against SN64 -6.9%). Their daily returns move very closely together (correlation 0.97 across 46 shared trading days). SN64 has been the more volatile of the two, at 141% annualised against VANTA's 90%.

Correlation: 0.97
Size ratio: 1 : 2.3
Ahead over 30 days: VANTA

Vanta NetworkVANTA

$7.6500

24h: +4.15%
Market cap: $42.98M
Volume 24h: $274,345
Volatility (ann.): 90%

ChutesSN64

$15.6700

24h: +3.06%
Market cap: $99.18M
Volume 24h: $472,129
Volatility (ann.): 141%

VANTA 30.2%Share of the two combined market caps69.8% SN64

Performance

VANTASN64

7 days-6.10%-11.80%VANTA
30 days+14.57%-6.90%VANTA

Correlation

0.97over 46 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.9790d: 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	SN64
Max drawdown (400d)	-23.8%	-32.6%
Risk-adjusted return (90d)	0.11	0.00

Relative strength over 90 days: VANTA outperformed SN64 by 36.3% — measured on the VANTA/SN64 ratio, so it holds regardless of market direction.

Vanta Network →Chutes →