Faith Tribe (FTRB) is 1.3× the size of Vow (VOW) by market capitalisation. Over the past 1 year, FTRB is ahead by 19.3 percentage points (VOW -26.0% against FTRB -6.7%). Their daily returns move barely together (correlation 0.16 across 373 shared trading days). VOW has been the more volatile of the two, at 97% annualised against FTRB's 63%.
VOWFTRB
0.16over 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 | VOW | FTRB |
|---|---|---|
| Max drawdown (400d) | -67.7% | -60.7% |
| Risk-adjusted return (90d) | 0.33 | -0.03 |
| Best 30 days (past year) | +89.3% | +121.6% |
| Worst 30 days (past year) | -37.7% | -22.5% |
Relative strength over 90 days: VOW outperformed FTRB by 34.3% — measured on the VOW/FTRB ratio, so it holds regardless of market direction.