Dogecoin (DOGE) is 166045.2× the size of RZTO (RZTO) by market capitalisation. Over the past 1 year, DOGE is ahead by 47.3 percentage points (RZTO -99.7% against DOGE -52.5%). Their daily returns move barely together (correlation 0.09 across 350 shared trading days). RZTO has been the more volatile of the two, at 439% annualised against DOGE's 70%.
RZTODOGE
0.09over 350 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 | RZTO | DOGE |
|---|---|---|
| Max drawdown (400d) | -99.9% | -74.0% |
| Risk-adjusted return (90d) | -0.29 | 0.17 |
| Best 30 days (past year) | — | +34.3% |
| Worst 30 days (past year) | — | -41.2% |
Relative strength over 90 days: DOGE outperformed RZTO by 81.4% — measured on the RZTO/DOGE ratio, so it holds regardless of market direction.