Sui vs Canton
Sui (SUI) is 1.0× the size of Canton (CC) by market capitalisation. Their daily returns move closely together (correlation 0.84 across 35 shared trading days). CC has been the more volatile of the two, at 147% annualised against SUI's 89%.
Performance
| Period | SUI | CC | Ahead |
|---|---|---|---|
| 7 days | +16.09% | +34.33% | CC |
| 30 days | +63.11% | +29.93% | SUI |
| 90 days | +53.06% | — | — |
| 1 year | -66.57% | — | — |
Risk & extremes
| Metric | SUI | CC |
|---|---|---|
| Max drawdown (400d) | -83.2% | -23.3% |
| Risk-adjusted return (90d) | 0.62 | 0.25 |
| Best 30 days (past year) | +69.9% | — |
| Worst 30 days (past year) | -53.6% | — |
Relative strength over 90 days: SUI outperformed CC by 26.9% — measured on the SUI/CC ratio, so it holds regardless of market direction.
Correlation
0.84over 35 shared trading days
7d: insufficient data30d: 0.8590d: 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.