STONKS vs SPX6900

SPX6900 (SPX) is 4764.1× the size of STONKS (STONKS) by market capitalisation. Over the past 30 days, SPX is ahead by 6.5 percentage points (STONKS -29.0% against SPX -22.5%). Their daily returns move barely in opposite directions (correlation -0.16 across 24 shared trading days). SPX has been the more volatile of the two, at 112% annualised against STONKS's 53%.

Correlation: -0.16
Size ratio: 1 : 4764.1
Ahead over 30 days: SPX

STONKSSTONKS

$7.061e-5

24h: +4.41%
Market cap: $70,595
Volume 24h: $759
Volatility (ann.): 53%

SPX6900SPX

$0.361250

24h: -4.38%
Market cap: $336.32M
Volume 24h: $7.57M
Volatility (ann.): 112%

STONKS 0.0%Share of the two combined market caps100.0% SPX

Performance

STONKSSPX

7 days-5.48%-5.36%SPX
30 days-28.99%-22.50%SPX

Correlation

-0.16over 24 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	STONKS	SPX
Max drawdown (400d)	-31.0%	-42.9%
Risk-adjusted return (90d)	-0.53	0.16

Relative strength over 90 days: SPX outperformed STONKS by 21.0% — measured on the STONKS/SPX ratio, so it holds regardless of market direction.

STONKS →SPX6900 →