Verus vs Beldex

Beldex (BDX) is 40.1× the size of Verus (VRSC) by market capitalisation. Over the past 30 days, VRSC is ahead by 16.7 percentage points (VRSC +11.2% against BDX -5.5%). Their daily returns move barely together (correlation 0.09 across 22 shared trading days). VRSC has been the more volatile of the two, at 235% annualised against BDX's 65%.

Correlation: 0.09
Size ratio: 1 : 40.1
Ahead over 30 days: VRSC

VerusVRSC

$0.174401

24h: +0.70%
Market cap: $14.13M
Volume 24h: $108
Volatility (ann.): 235%

BeldexBDX

$0.072586

24h: +0.48%
Market cap: $567.01M
Volume 24h: $11.02M
Volatility (ann.): 65%

VRSC 2.4%Share of the two combined market caps97.6% BDX

Performance

VRSCBDX

7 days-0.41%-2.71%VRSC
30 days+11.19%-5.49%VRSC

Correlation

0.09over 22 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: insufficient data1y: insufficient data

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.

Risk & extremes

Metric	VRSC	BDX
Max drawdown (400d)	-37.3%	-20.8%
Risk-adjusted return (90d)	0.05	-0.15

Relative strength over 90 days: VRSC outperformed BDX by 16.7% — measured on the VRSC/BDX ratio, so it holds regardless of market direction.

Verus →Beldex →