Pepe (PEPE) is 40.3× the size of Turbo (TURBO) by market capitalisation. Over the past 1 year, PEPE is ahead by 44.2 percentage points (TURBO -59.0% against PEPE -14.9%). Their daily returns move closely together (correlation 0.70 across 399 shared trading days). Both have run at a similar volatility, around 105% annualised.
TURBOPEPE
0.70over 399 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 | TURBO | PEPE |
|---|---|---|
| Max drawdown (400d) | -80.7% | -77.2% |
| Risk-adjusted return (90d) | -0.07 | 0.63 |
| Best 30 days (past year) | +46.2% | +63.5% |
| Worst 30 days (past year) | -53.3% | -48.9% |
Relative strength over 90 days: PEPE outperformed TURBO by 44.5% — measured on the TURBO/PEPE ratio, so it holds regardless of market direction.