Pump.fun (PUMP) is 1.1× the size of Aster (ASTER) by market capitalisation. Over the past 1 year, PUMP is ahead by 40.9 percentage points (PUMP +13.2% against ASTER -27.7%). Their daily returns move loosely together (correlation 0.45 across 395 shared trading days). PUMP has been the more volatile of the two, at 127% annualised against ASTER's 90%.
PUMPASTER
0.45over 395 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 | PUMP | ASTER |
|---|---|---|
| Max drawdown (400d) | -83.1% | -77.3% |
| Risk-adjusted return (90d) | 0.53 | 0.35 |
| Best 30 days (past year) | +185.0% | +47.6% |
| Worst 30 days (past year) | -43.2% | -51.6% |
Relative strength over 90 days: PUMP outperformed ASTER by 51.5% — measured on the PUMP/ASTER ratio, so it holds regardless of market direction.