stake.link vs Kinetiq

Kinetiq (KNTQ) is 16.9× the size of stake.link (SDL) by market capitalisation. Over the past 30 days, KNTQ is ahead by 166.2 percentage points (SDL -16.2% against KNTQ +150.1%). Their daily returns move loosely together (correlation 0.36 across 35 shared trading days). KNTQ has been the more volatile of the two, at 201% annualised against SDL's 106%.

Correlation: 0.36
Size ratio: 1 : 16.9
Ahead over 30 days: KNTQ

stake.linkSDL

$0.250446

24h: -0.10%
Market cap: $9.47M
Volume 24h: $88
Volatility (ann.): 106%

KinetiqKNTQ

$0.500370

24h: +2.65%
Market cap: $159.93M
Volume 24h: $7.55M
Volatility (ann.): 201%

SDL 5.6%Share of the two combined market caps94.4% KNTQ

Performance

SDLKNTQ

7 days-3.76%+23.74%KNTQ
30 days-16.15%+150.06%KNTQ

Correlation

0.36over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3690d: 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	SDL	KNTQ
Max drawdown (400d)	-26.4%	-24.5%
Risk-adjusted return (90d)	-0.09	1.26

Relative strength over 90 days: KNTQ outperformed SDL by 67.2% — measured on the SDL/KNTQ ratio, so it holds regardless of market direction.

stake.link →Kinetiq →