Rollbit Coin (RLB) is 2131.7× the size of Versus-X (VSX) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.21 across 35 shared trading days). VSX has been the more volatile of the two, at 190% annualised against RLB's 55%.
VSXRLB
-0.21over 35 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 | VSX | RLB |
|---|---|---|
| Max drawdown (400d) | -93.7% | -17.6% |
| Risk-adjusted return (90d) | -0.44 | -0.07 |
Relative strength over 90 days: RLB outperformed VSX by 86.2% — measured on the VSX/RLB ratio, so it holds regardless of market direction.