Ethereum Name Service (ENS) is 73.4× the size of SuiNS Token (NS) by market capitalisation. Over the past 1 year, ENS is ahead by 28.4 percentage points (NS -92.1% against ENS -63.7%). Their daily returns move closely together (correlation 0.70 across 373 shared trading days). NS has been the more volatile of the two, at 104% annualised against ENS's 82%.
NSENS
0.70over 373 shared trading days
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.
| Metric | NS | ENS |
|---|---|---|
| Max drawdown (400d) | -93.0% | -82.4% |
| Risk-adjusted return (90d) | -0.11 | 0.17 |
| Best 30 days (past year) | +44.5% | +48.0% |
| Worst 30 days (past year) | -57.5% | -51.6% |
Relative strength over 90 days: ENS outperformed NS by 24.4% — measured on the NS/ENS ratio, so it holds regardless of market direction.