Stonks vs SPX6900

SPX6900 (SPX) is 138.7× the size of Stonks (STNK) by market capitalisation. Over the past 30 days, STNK is ahead by 18.2 percentage points (STNK -6.1% against SPX -24.3%). Their daily returns move barely in opposite directions (correlation -0.06 across 30 shared trading days). STNK has been the more volatile of the two, at 283% annualised against SPX's 113%.

Correlation: -0.06
Size ratio: 1 : 138.7
Ahead over 30 days: STNK

StonksSTNK

$4.2800

24h: +1.33%
Market cap: $2.49M
Volume 24h: $2,171
Volatility (ann.): 283%

SPX6900SPX

$0.370789

24h: +3.77%
Market cap: $345.12M
Volume 24h: $8.15M
Volatility (ann.): 113%

STNK 0.7%Share of the two combined market caps99.3% SPX

Performance

STNKSPX

7 days-7.68%-3.77%SPX
30 days-6.07%-24.31%STNK

Correlation

-0.06over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0690d: 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	STNK	SPX
Max drawdown (400d)	-55.6%	-42.9%
Risk-adjusted return (90d)	-0.10	0.14

Relative strength over 90 days: STNK outperformed SPX by 10.6% — measured on the STNK/SPX ratio, so it holds regardless of market direction.

Stonks →SPX6900 →