Stellar (XLM) is 1.5× the size of Avalanche (AVAX) by market capitalisation. Over the past 1 year, XLM is ahead by 20.7 percentage points (XLM -49.4% against AVAX -70.1%). Their daily returns move closely together (correlation 0.61 across 399 shared trading days). Both have run at a similar volatility, around 78% annualised.
| Period | XLM | AVAX | Ahead |
|---|---|---|---|
| 7 days | +9.00% | +36.39% | AVAX |
| 30 days | +7.98% | +38.44% | AVAX |
| 90 days | -6.48% | +65.12% | AVAX |
| 1 year | -49.43% | -70.09% | XLM |
| Metric | XLM | AVAX |
|---|---|---|
| Max drawdown (400d) | -66.2% | -83.3% |
| Risk-adjusted return (90d) | -0.10 | 0.90 |
| Best 30 days (past year) | +63.3% | +38.4% |
| Worst 30 days (past year) | -39.7% | -46.9% |
Relative strength over 90 days: AVAX outperformed XLM by 43.4% — measured on the XLM/AVAX ratio, so it holds regardless of market direction.
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.