Aerodrome Finance (AERO) is 8.6× the size of Rekt (REKT) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.10 across 54 shared trading days). Both have run at a similar volatility, around 106% annualised.
REKTAERO
-0.10over 54 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 | REKT | AERO |
|---|---|---|
| Max drawdown (400d) | -54.0% | -36.4% |
| Risk-adjusted return (90d) | -0.45 | 0.44 |
Relative strength over 90 days: AERO outperformed REKT by 61.6% — measured on the REKT/AERO ratio, so it holds regardless of market direction.