Axie Infinity (AXS) is 1.3× the size of SuperVerse (SUPER) by market capitalisation. Over the past 1 year, AXS is ahead by 14.9 percentage points (SUPER -47.4% against AXS -32.5%). Their daily returns move loosely together (correlation 0.44 across 399 shared trading days). AXS has been the more volatile of the two, at 121% annualised against SUPER's 91%.
SUPERAXS
0.44over 399 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 | SUPER | AXS |
|---|---|---|
| Max drawdown (400d) | -87.3% | -72.0% |
| Risk-adjusted return (90d) | 1.09 | -0.04 |
| Best 30 days (past year) | +126.1% | +248.7% |
| Worst 30 days (past year) | -50.4% | -55.5% |
Relative strength over 90 days: SUPER outperformed AXS by 105.8% — measured on the SUPER/AXS ratio, so it holds regardless of market direction.