Templar DAO (TEM) and Olympus v1 (OHM) compared side by side. Over the past 30 days, TEM is ahead by 23.0 percentage points (TEM -11.8% against OHM -34.8%). Their daily returns move loosely together (correlation 0.44 across 35 shared trading days). OHM has been the more volatile of the two, at 75% annualised against TEM's 55%.
TEMOHM
0.44over 35 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 | TEM | OHM |
|---|---|---|
| Max drawdown (400d) | -14.6% | -39.8% |
| Risk-adjusted return (90d) | -0.18 | -0.49 |
Relative strength over 90 days: TEM outperformed OHM by 40.8% — measured on the TEM/OHM ratio, so it holds regardless of market direction.