τemplar vs EfficientFrontier

EfficientFrontier (SN53) is 1.4× the size of τemplar (SN3) by market capitalisation. Over the past 30 days, SN53 is ahead by 50.3 percentage points (SN3 -27.6% against SN53 +22.7%). Their daily returns move loosely together (correlation 0.50 across 51 shared trading days). SN53 has been the more volatile of the two, at 200% annualised against SN3's 126%.

Correlation: 0.50
Size ratio: 1 : 1.4
Ahead over 30 days: SN53

τemplarSN3

$5.0900

24h: +0.38%
Market cap: $29.84M
Volume 24h: $275,638
Volatility (ann.): 126%

EfficientFrontierSN53

$6.9400

24h: -1.85%
Market cap: $40.51M
Volume 24h: $2.43M
Volatility (ann.): 200%

SN3 42.4%Share of the two combined market caps57.6% SN53

Performance

SN3SN53

7 days-13.24%-14.51%SN3
30 days-27.62%+22.72%SN53

Correlation

0.50over 51 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4390d: 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	SN3	SN53
Max drawdown (400d)	-47.3%	-40.6%
Risk-adjusted return (90d)	-0.14	0.09

Relative strength over 90 days: SN53 outperformed SN3 by 30.3% — measured on the SN3/SN53 ratio, so it holds regardless of market direction.

τemplar →EfficientFrontier →