Artificial Superintelligence Alliance (FET) is 1541.4× the size of Solaris AI (SOLARIS) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.20 across 35 shared trading days). SOLARIS has been the more volatile of the two, at 290% annualised against FET's 118%.
$0.158700
SOLARISFET
-0.20over 35 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 | SOLARIS | FET |
|---|---|---|
| Max drawdown (400d) | -57.2% | -80.0% |
| Risk-adjusted return (90d) | -0.11 | 0.18 |
| Best 30 days (past year) | — | +77.4% |
| Worst 30 days (past year) | — | -49.9% |
Relative strength over 90 days: FET outperformed SOLARIS by 3.7% — measured on the SOLARIS/FET ratio, so it holds regardless of market direction.