0G (0G) is 14.9× the size of Swarms (SWARMS) by market capitalisation. Over the past 1 year, SWARMS is ahead by 20.7 percentage points (SWARMS -66.7% against 0G -87.5%). Their daily returns move barely together (correlation 0.15 across 365 shared trading days). SWARMS has been the more volatile of the two, at 166% annualised against 0G's 122%.
SWARMS0G
0.15over 365 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 | SWARMS | 0G |
|---|---|---|
| Max drawdown (400d) | -82.8% | -95.9% |
| Risk-adjusted return (90d) | -0.07 | 0.11 |
| Best 30 days (past year) | — | +99.1% |
| Worst 30 days (past year) | — | -53.0% |
Relative strength over 90 days: 0G outperformed SWARMS by 2.9% — measured on the SWARMS/0G ratio, so it holds regardless of market direction.