Pump.fun (PUMP) is 2912.8× the size of Turbos Finance (TURBOS) by market capitalisation. Over the past 1 year, PUMP is ahead by 98.4 percentage points (TURBOS -86.7% against PUMP +11.7%). Their daily returns move barely together (correlation 0.27 across 371 shared trading days). Both have run at a similar volatility, around 130% annualised.
TURBOSPUMP
0.27over 371 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 | TURBOS | PUMP |
|---|---|---|
| Max drawdown (400d) | -91.1% | -83.1% |
| Risk-adjusted return (90d) | 0.14 | 0.55 |
| Best 30 days (past year) | +87.5% | +185.0% |
| Worst 30 days (past year) | -69.7% | -43.2% |
Relative strength over 90 days: PUMP outperformed TURBOS by 59.0% — measured on the TURBOS/PUMP ratio, so it holds regardless of market direction.