VeBetterDAO (B3TR) is 4.4× the size of Solarcoin (SLR) by market capitalisation. Their daily returns move barely together (correlation 0.12 across 29 shared trading days). Both have run at a similar volatility, around 84% annualised.
SLRB3TR
0.12over 29 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 | SLR | B3TR |
|---|---|---|
| Max drawdown (400d) | -48.0% | -93.8% |
| Risk-adjusted return (90d) | -0.50 | 0.74 |
Relative strength over 90 days: B3TR outperformed SLR by 58.2% — measured on the SLR/B3TR ratio, so it holds regardless of market direction.