Auki (AUKI) is 112.2× the size of ROBA (ROBA) by market capitalisation. Over the past 30 days, AUKI is ahead by 81.4 percentage points (ROBA -40.0% against AUKI +41.4%). Their daily returns move barely together (correlation 0.17 across 38 shared trading days). ROBA has been the more volatile of the two, at 220% annualised against AUKI's 191%.
ROBAAUKI
0.17over 38 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 | ROBA | AUKI |
|---|---|---|
| Max drawdown (400d) | -56.5% | -46.0% |
| Risk-adjusted return (90d) | -0.24 | 0.17 |
Relative strength over 90 days: AUKI outperformed ROBA by 68.4% — measured on the ROBA/AUKI ratio, so it holds regardless of market direction.