SwissBorg vs Mt Pelerin Shares

SwissBorg (BORG) is 58.4× the size of Mt Pelerin Shares (MPS) by market capitalisation. Over the past 30 days, MPS is ahead by 5.5 percentage points (BORG -9.3% against MPS -3.7%). Their daily returns move barely together (correlation 0.19 across 31 shared trading days). MPS has been the more volatile of the two, at 237% annualised against BORG's 65%.

Correlation: 0.19
Size ratio: 58.4×
Ahead over 30 days: MPS

SwissBorgBORG

$0.154802

24h: +1.46%
Market cap: $151.87M
Volume 24h: $291,550
Volatility (ann.): 65%

Mt Pelerin SharesMPS

$5.2000

24h: -6.89%
Market cap: $2.60M
Volume 24h: $156
Volatility (ann.): 237%

BORG 98.3%Share of the two combined market caps1.7% MPS

Performance

BORGMPS

7 days+1.15%+7.58%MPS
30 days-9.28%-3.73%MPS

Correlation

0.19over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1990d: 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.

Risk & extremes

Metric	BORG	MPS
Max drawdown (400d)	-19.8%	-42.3%
Risk-adjusted return (90d)	0.15	0.06

Relative strength over 90 days: MPS outperformed BORG by 25.9% — measured on the BORG/MPS ratio, so it holds regardless of market direction.

SwissBorg →Mt Pelerin Shares →