The Fair Exchange vs Fables
The Fair Exchange (TFEX) and Fables (FABLES) compared side by side. TFEX has been the more volatile of the two, at 84890% annualised against FABLES's 240%.
The Fair Exchange (TFEX) and Fables (FABLES) compared side by side. TFEX has been the more volatile of the two, at 84890% annualised against FABLES's 240%.
TFEXFABLES
| Metric | TFEX | FABLES |
|---|---|---|
| Max drawdown (400d) | -99.7% | -56.8% |
| Risk-adjusted return (90d) | 0.00 | -0.19 |
Relative strength over 90 days: FABLES outperformed TFEX by 50.6% — measured on the TFEX/FABLES ratio, so it holds regardless of market direction.