AI Companions (AIC) is 115.6× the size of Wakehacker by Virtuals (WAKEAI) by market capitalisation. Their daily returns move barely together (correlation 0.25 across 24 shared trading days). AIC has been the more volatile of the two, at 314% annualised against WAKEAI's 120%.
WAKEAIAIC
0.25over 24 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 | WAKEAI | AIC |
|---|---|---|
| Max drawdown (400d) | -44.8% | -75.6% |
| Risk-adjusted return (90d) | 0.06 | 0.13 |
Relative strength over 90 days: AIC outperformed WAKEAI by 68.1% — measured on the WAKEAI/AIC ratio, so it holds regardless of market direction.