Ethereum (ETH) is 167.2× the size of Pump.fun (PUMP) by market capitalisation. Over the past 1 year, PUMP is ahead by 0.5 percentage points (PUMP -40.6% against ETH -41.1%). Their daily returns move loosely together (correlation 0.56 across 374 shared trading days). PUMP has been the more volatile of the two, at 129% annualised against ETH's 65%.
| Period | PUMP | ETH | Ahead |
|---|---|---|---|
| 7 days | +12.57% | +4.23% | PUMP |
| 30 days | +10.90% | +13.15% | ETH |
| 90 days | +190.31% | +54.23% | PUMP |
| 1 year | -40.60% | -41.08% | PUMP |
| Metric | PUMP | ETH |
|---|---|---|
| Max drawdown (400d) | -86.1% | -67.5% |
| Risk-adjusted return (90d) | 1.38 | 0.97 |
| Best 30 days (past year) | +185.0% | +34.1% |
| Worst 30 days (past year) | -45.2% | -44.6% |
Relative strength over 90 days: PUMP outperformed ETH by 88.2% — measured on the PUMP/ETH ratio, so it holds regardless of market direction.
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.