iExec RLC (RLC) is 94.1× the size of Rivalz Network (RIZ) by market capitalisation. Over the past 1 year, RLC is ahead by 55.6 percentage points (RIZ -96.4% against RLC -40.8%). Their daily returns move barely in opposite directions (correlation -0.03 across 373 shared trading days). RIZ has been the more volatile of the two, at 173% annualised against RLC's 127%.
RIZRLC
-0.03over 373 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 | RIZ | RLC |
|---|---|---|
| Max drawdown (400d) | -98.3% | -77.9% |
| Risk-adjusted return (90d) | 0.17 | 0.28 |
| Best 30 days (past year) | +158.0% | +275.5% |
| Worst 30 days (past year) | -69.7% | -42.9% |
Relative strength over 90 days: RLC outperformed RIZ by 9.7% — measured on the RIZ/RLC ratio, so it holds regardless of market direction.