TAGGER (TAG) is 19.7× the size of tao.bot (TAOBOT) by market capitalisation. Over the past 30 days, TAOBOT is ahead by 9.8 percentage points (TAOBOT +21.8% against TAG +12.1%). Their daily returns move loosely together (correlation 0.49 across 33 shared trading days). Both have run at a similar volatility, around 204% annualised.
TAOBOTTAG
0.49over 33 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 | TAOBOT | TAG |
|---|---|---|
| Max drawdown (400d) | -46.0% | -52.8% |
| Risk-adjusted return (90d) | 0.01 | -0.11 |
Relative strength over 90 days: TAOBOT outperformed TAG by 8.4% — measured on the TAOBOT/TAG ratio, so it holds regardless of market direction.