AI Companions (AIC) is 84.0× the size of SMOL (SMOL) by market capitalisation. Their daily returns move closely together (correlation 0.76 across 26 shared trading days). AIC has been the more volatile of the two, at 315% annualised against SMOL's 273%.
SMOLAIC
0.76over 26 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 | SMOL | AIC |
|---|---|---|
| Max drawdown (400d) | -99.7% | -74.4% |
| Risk-adjusted return (90d) | -0.39 | 0.17 |
Relative strength over 90 days: AIC outperformed SMOL by 98.4% — measured on the SMOL/AIC ratio, so it holds regardless of market direction.