Decred (DCR) is 6.3× the size of Verge (XVG) by market capitalisation. Over the past 1 year, DCR is ahead by 17.3 percentage points (XVG -70.8% against DCR -53.6%). Their daily returns move barely together (correlation 0.33 across 399 shared trading days). Both have run at a similar volatility, around 118% annualised.
XVGDCR
0.33over 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 | XVG | DCR |
|---|---|---|
| Max drawdown (400d) | -79.9% | -75.5% |
| Risk-adjusted return (90d) | 0.12 | -0.03 |
| Best 30 days (past year) | +62.4% | +82.5% |
| Worst 30 days (past year) | -42.9% | -53.6% |
Relative strength over 90 days: XVG outperformed DCR by 12.0% — measured on the XVG/DCR ratio, so it holds regardless of market direction.