Sui vs Avalanche
Sui (SUI) is 1.0× the size of Avalanche (AVAX) by market capitalisation. Over the past 1 year, SUI is ahead by 1.2 percentage points (SUI -61.6% against AVAX -62.8%). Their daily returns move closely together (correlation 0.77 across 399 shared trading days). Both have run at a similar volatility, around 84% annualised.
Performance
| Period | SUI | AVAX | Ahead |
|---|---|---|---|
| 7 days | +46.72% | +29.84% | SUI |
| 30 days | +55.69% | +43.15% | SUI |
| 90 days | +74.57% | +65.58% | SUI |
| 1 year | -61.59% | -62.81% | SUI |
Risk & extremes
| Metric | SUI | AVAX |
|---|---|---|
| Max drawdown (400d) | -83.2% | -83.3% |
| Risk-adjusted return (90d) | 0.90 | 0.85 |
| Best 30 days (past year) | +55.7% | +49.9% |
| Worst 30 days (past year) | -53.6% | -46.9% |
Relative strength over 90 days: SUI outperformed AVAX by 5.4% — measured on the SUI/AVAX ratio, so it holds regardless of market direction.
Correlation
0.77over 399 shared trading days
7d: insufficient data30d: 0.5190d: 0.591y: 0.78
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.