Official Trump (TRUMP) is 4602.0× the size of The Retirement Token (42069K) by market capitalisation. Their daily returns move barely together (correlation 0.27 across 32 shared trading days). TRUMP has been the more volatile of the two, at 97% annualised against 42069K's 53%.
42069KTRUMP
0.27over 32 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 | 42069K | TRUMP |
|---|---|---|
| Max drawdown (400d) | -23.9% | -85.7% |
| Risk-adjusted return (90d) | -0.37 | -0.11 |
| Best 30 days (past year) | — | +87.1% |
| Worst 30 days (past year) | — | -42.0% |
Relative strength over 90 days: 42069K outperformed TRUMP by 30.0% — measured on the 42069K/TRUMP ratio, so it holds regardless of market direction.