basilica vs EfficientFrontier

EfficientFrontier (SN53) is 5.3× the size of basilica (SN39) by market capitalisation. Over the past 30 days, SN53 is ahead by 27.0 percentage points (SN39 -4.3% against SN53 +22.7%). Their daily returns move barely together (correlation 0.17 across 28 shared trading days). SN53 has been the more volatile of the two, at 200% annualised against SN39's 136%.

Correlation: 0.17
Size ratio: 1 : 5.3
Ahead over 30 days: SN53

basilicaSN39

$1.6700

24h: -11.04%
Market cap: $7.86M
Volume 24h: $408,678
Volatility (ann.): 136%

EfficientFrontierSN53

$7.1100

24h: +0.62%
Market cap: $41.55M
Volume 24h: $2.60M
Volatility (ann.): 200%

SN39 15.9%Share of the two combined market caps84.1% SN53

Performance

SN39SN53

7 days-9.82%-14.51%SN39
30 days-4.27%+22.72%SN53

Correlation

0.17over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1790d: 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	SN39	SN53
Max drawdown (400d)	-23.9%	-40.6%
Risk-adjusted return (90d)	-0.03	0.09

Relative strength over 90 days: SN53 outperformed SN39 by 25.3% — measured on the SN39/SN53 ratio, so it holds regardless of market direction.

basilica →EfficientFrontier →