Polkadot (DOT) is 88.2× the size of Sophon (SOPH) by market capitalisation. Over the past 1 year, DOT is ahead by 29.9 percentage points (SOPH -93.6% against DOT -63.7%). Their daily returns move loosely together (correlation 0.50 across 399 shared trading days). SOPH has been the more volatile of the two, at 125% annualised against DOT's 88%.
SOPHDOT
0.50over 399 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 | SOPH | DOT |
|---|---|---|
| Max drawdown (400d) | -95.5% | -82.9% |
| Risk-adjusted return (90d) | -0.33 | 0.13 |
| Best 30 days (past year) | +46.6% | +55.9% |
| Worst 30 days (past year) | -64.4% | -44.2% |
Relative strength over 90 days: DOT outperformed SOPH by 66.1% — measured on the SOPH/DOT ratio, so it holds regardless of market direction.