Toby ToadGod vs SPX6900

SPX6900 (SPX) is 412.0× the size of Toby ToadGod (TOBY) by market capitalisation. Over the past 30 days, SPX is ahead by 53.0 percentage points (TOBY -77.4% against SPX -24.3%). Their daily returns move loosely together (correlation 0.44 across 30 shared trading days). TOBY has been the more volatile of the two, at 265% annualised against SPX's 113%.

Correlation: 0.44
Size ratio: 1 : 412.0
Ahead over 30 days: SPX

Toby ToadGodTOBY

$2.207e-9

24h: -4.32%
Market cap: $834,259
Volume 24h: $2,036
Volatility (ann.): 265%

SPX6900SPX

$0.369176

24h: +3.41%
Market cap: $343.70M
Volume 24h: $8.22M
Volatility (ann.): 113%

TOBY 0.2%Share of the two combined market caps99.8% SPX

Performance

TOBYSPX

7 days-70.78%-3.77%SPX
30 days-77.36%-24.31%SPX

Correlation

0.44over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4490d: 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	TOBY	SPX
Max drawdown (400d)	-89.7%	-42.9%
Risk-adjusted return (90d)	-0.33	0.14

Relative strength over 90 days: SPX outperformed TOBY by 82.8% — measured on the TOBY/SPX ratio, so it holds regardless of market direction.

Toby ToadGod →SPX6900 →