Vodra (VDR) and IQ (IQ) compared side by side. Over the past 1 year, VDR is ahead by 46.5 percentage points (VDR -19.4% against IQ -65.9%). Their daily returns move barely together (correlation 0.03 across 373 shared trading days). VDR has been the more volatile of the two, at 278% annualised against IQ's 62%.
VDRIQ
0.03over 373 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 | VDR | IQ |
|---|---|---|
| Max drawdown (400d) | -89.3% | -82.5% |
| Risk-adjusted return (90d) | -0.55 | 0.12 |
| Best 30 days (past year) | +843.4% | +68.1% |
| Worst 30 days (past year) | -73.3% | -34.4% |
Relative strength over 90 days: IQ outperformed VDR by 48.9% — measured on the VDR/IQ ratio, so it holds regardless of market direction.