Sui (SUI) is 469.2× the size of Saga (SAGA) by market capitalisation. Over the past 1 year, SUI is ahead by 23.0 percentage points (SAGA -79.9% against SUI -56.8%). Their daily returns move barely together (correlation 0.30 across 399 shared trading days). SAGA has been the more volatile of the two, at 169% annualised against SUI's 89%.
SAGASUI
0.30over 399 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 | SAGA | SUI |
|---|---|---|
| Max drawdown (400d) | -94.7% | -82.0% |
| Risk-adjusted return (90d) | 0.12 | 0.32 |
| Best 30 days (past year) | +408.0% | +69.9% |
| Worst 30 days (past year) | -75.5% | -53.6% |
Relative strength over 90 days: SUI outperformed SAGA by 1.1% — measured on the SAGA/SUI ratio, so it holds regardless of market direction.