Vidaio vs EfficientFrontier

EfficientFrontier (SN53) is 7.7× the size of Vidaio (SN85) by market capitalisation. Over the past 30 days, SN85 is ahead by 24.7 percentage points (SN85 +47.4% against SN53 +22.7%). Their daily returns move barely in opposite directions (correlation -0.00 across 28 shared trading days). SN53 has been the more volatile of the two, at 200% annualised against SN85's 119%.

Correlation: -0.00
Size ratio: 1 : 7.7
Ahead over 30 days: SN85

VidaioSN85

$1.0390

24h: +0.50%
Market cap: $5.26M
Volume 24h: $502,668
Volatility (ann.): 119%

EfficientFrontierSN53

$6.9400

24h: -1.85%
Market cap: $40.51M
Volume 24h: $2.43M
Volatility (ann.): 200%

SN85 11.5%Share of the two combined market caps88.5% SN53

Performance

SN85SN53

7 days+14.77%-14.51%SN85
30 days+47.41%+22.72%SN85

Correlation

-0.00over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0090d: 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	SN85	SN53
Max drawdown (400d)	-19.7%	-40.6%
Risk-adjusted return (90d)	0.40	0.09

Relative strength over 90 days: SN85 outperformed SN53 by 15.0% — measured on the SN85/SN53 ratio, so it holds regardless of market direction.

Vidaio →EfficientFrontier →