Sportstensor vs EfficientFrontier

EfficientFrontier (SN53) is 4.3× the size of Sportstensor (SN41) by market capitalisation. Over the past 30 days, SN41 is ahead by 84.1 percentage points (SN41 +106.8% against SN53 +22.7%). Their daily returns move barely together (correlation 0.22 across 28 shared trading days). SN53 has been the more volatile of the two, at 200% annualised against SN41's 159%.

Correlation: 0.22
Size ratio: 1 : 4.3
Ahead over 30 days: SN41

SportstensorSN41

$1.9000

24h: +0.41%
Market cap: $9.62M
Volume 24h: $91,830
Volatility (ann.): 159%

EfficientFrontierSN53

$7.1200

24h: +0.39%
Market cap: $41.58M
Volume 24h: $2.62M
Volatility (ann.): 200%

SN41 18.8%Share of the two combined market caps81.2% SN53

Performance

SN41SN53

7 days+29.79%-14.51%SN41
30 days+106.78%+22.72%SN41

Correlation

0.22over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2290d: 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	SN41	SN53
Max drawdown (400d)	-15.0%	-40.6%
Risk-adjusted return (90d)	0.67	0.09

Relative strength over 90 days: SN41 outperformed SN53 by 61.3% — measured on the SN41/SN53 ratio, so it holds regardless of market direction.

Sportstensor →EfficientFrontier →