Stacks (STX) is 669.7× the size of V.SYSTEMS (VSYS) by market capitalisation. Over the past 1 year, STX is ahead by 18.9 percentage points (VSYS -31.0% against STX -12.0%). Their daily returns move barely together (correlation 0.14 across 363 shared trading days). VSYS has been the more volatile of the two, at 133% annualised against STX's 93%.
VSYSSTX
0.14over 363 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 | VSYS | STX |
|---|---|---|
| Max drawdown (400d) | -72.5% | -80.9% |
| Risk-adjusted return (90d) | 0.54 | 1.22 |
| Best 30 days (past year) | — | +120.9% |
| Worst 30 days (past year) | — | -35.3% |
Relative strength over 90 days: STX outperformed VSYS by 44.5% — measured on the VSYS/STX ratio, so it holds regardless of market direction.