inSure DeFi (SURE) is 58.8× the size of UNION Protocol Governance (UNN) by market capitalisation. Their daily returns move closely together (correlation 0.63 across 185 shared trading days). SURE has been the more volatile of the two, at 143% annualised against UNN's 91%.
$0.000104
UNNSURE
0.63over 185 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 | UNN | SURE |
|---|---|---|
| Max drawdown (400d) | -64.4% | -92.6% |
| Risk-adjusted return (90d) | -0.57 | -0.44 |
| Best 30 days (past year) | +95.9% | — |
| Worst 30 days (past year) | -59.5% | — |
Relative strength over 90 days: UNN outperformed SURE by 348.2% — measured on the UNN/SURE ratio, so it holds regardless of market direction.