Internet Computer (ICP) is 2379.7× the size of RSS3 (RSS3) by market capitalisation. Over the past 1 year, ICP is ahead by 48.3 percentage points (RSS3 -98.4% against ICP -50.1%). Their daily returns move barely together (correlation 0.28 across 369 shared trading days). RSS3 has been the more volatile of the two, at 179% annualised against ICP's 108%.
RSS3ICP
0.28over 369 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 | RSS3 | ICP |
|---|---|---|
| Max drawdown (400d) | -98.4% | -77.4% |
| Risk-adjusted return (90d) | -0.38 | 0.29 |
| Best 30 days (past year) | +148.6% | +49.6% |
| Worst 30 days (past year) | -89.2% | -62.1% |
Relative strength over 90 days: ICP outperformed RSS3 by 90.1% — measured on the RSS3/ICP ratio, so it holds regardless of market direction.