Blur (BLUR) is 9.4× the size of ROACORE (ROA) by market capitalisation. Over the past 1 year, ROA is ahead by 11.4 percentage points (ROA -70.2% against BLUR -81.6%). Their daily returns move barely together (correlation 0.33 across 368 shared trading days). BLUR has been the more volatile of the two, at 114% annualised against ROA's 78%.
ROABLUR
0.33over 368 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 | ROA | BLUR |
|---|---|---|
| Max drawdown (400d) | -74.4% | -90.8% |
| Risk-adjusted return (90d) | -0.14 | -0.41 |
| Best 30 days (past year) | +25.2% | +78.9% |
| Worst 30 days (past year) | -39.5% | -65.4% |
Relative strength over 90 days: ROA outperformed BLUR by 156.3% — measured on the ROA/BLUR ratio, so it holds regardless of market direction.