VELLORA vs Backpack
Backpack (BP) is 114.6× the size of VELLORA (VELL) by market capitalisation. BP has been the more volatile of the two, at 538% annualised against VELL's 77%.
- Size ratio
- 1 : 114.6
Backpack (BP) is 114.6× the size of VELLORA (VELL) by market capitalisation. BP has been the more volatile of the two, at 538% annualised against VELL's 77%.
VELLBP
| Metric | VELL | BP |
|---|---|---|
| Max drawdown (400d) | -24.8% | -29.0% |
| Risk-adjusted return (90d) | — | 0.28 |
Relative strength over 90 days: BP outperformed VELL by 9.2% — measured on the VELL/BP ratio, so it holds regardless of market direction.