Saturna (SAT) and AINFT (NFT) compared side by side. Over the past 30 days, NFT is ahead by 9.1 percentage points (SAT -10.4% against NFT -1.3%). Their daily returns move barely in opposite directions (correlation -0.24 across 22 shared trading days). Both have run at a similar volatility, around 38% annualised.
SATNFT
-0.24over 22 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 | SAT | NFT |
|---|---|---|
| Max drawdown (400d) | -11.9% | -18.9% |
| Risk-adjusted return (90d) | -0.21 | -0.53 |
Relative strength over 90 days: NFT outperformed SAT by 0.0% — measured on the SAT/NFT ratio, so it holds regardless of market direction.