Smog vs Ethereum

Smog (SMOG) and Ethereum (ETH) compared side by side. Their daily returns move barely together (correlation 0.20 across 27 shared trading days). Both have run at a similar volatility, around 64% annualised.

Correlation: 0.20

SmogSMOG

$4.823e-5

24h: +0.76%
Market cap: —
Volume 24h: $125
Volatility (ann.): 66%

EthereumETH

$2,414.51

24h: +5.76%
Market cap: $295.56B
Volume 24h: $16.94B
Volatility (ann.): 62%

SMOG 0.0%Share of the two combined market caps100.0% ETH

Performance

SMOGETH

7 days-7.27%-3.22%ETH
30 days-16.69%-16.58%ETH
90 days—+19.17%—
1 year—-36.88%—

Correlation

0.20over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2090d: insufficient data1y: insufficient data

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.

Risk & extremes

Metric	SMOG	ETH
Max drawdown (400d)	-19.4%	-66.5%
Risk-adjusted return (90d)	-0.25	0.36
Best 30 days (past year)	—	+34.1%
Worst 30 days (past year)	—	-44.6%

Relative strength over 90 days: ETH outperformed SMOG by 2.3% — measured on the SMOG/ETH ratio, so it holds regardless of market direction.

Smog →Ethereum →