Sock vs SPX6900

SPX6900 (SPX) is 8356.7× the size of Sock (SOCK) by market capitalisation. Over the past 30 days, SPX is ahead by 75.0 percentage points (SOCK -99.3% against SPX -24.3%). Their daily returns move loosely together (correlation 0.35 across 20 shared trading days). SOCK has been the more volatile of the two, at 380% annualised against SPX's 113%.

Correlation: 0.35
Size ratio: 1 : 8356.7
Ahead over 30 days: SPX

SockSOCK

$4.218e-5

24h: -0.24%
Market cap: $42,177
Volume 24h: $68
Volatility (ann.): 380%

SPX6900SPX

$0.378650

24h: +4.36%
Market cap: $352.46M
Volume 24h: $7.58M
Volatility (ann.): 113%

SOCK 0.0%Share of the two combined market caps100.0% SPX

Performance

SOCKSPX

7 days-77.80%-3.77%SPX
30 days-99.32%-24.31%SPX

Correlation

0.35over 20 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	SOCK	SPX
Max drawdown (400d)	-99.3%	-42.9%
Risk-adjusted return (90d)	-0.26	0.14

Relative strength over 90 days: SPX outperformed SOCK by 99.0% — measured on the SOCK/SPX ratio, so it holds regardless of market direction.

Sock →SPX6900 →