WFDP vs MiL.k

MiL.k (MLK) is 232.2× the size of WFDP (WFDP) by market capitalisation. Over the past 30 days, WFDP is ahead by 47.0 percentage points (WFDP +52.7% against MLK +5.8%). Their daily returns move barely in opposite directions (correlation -0.04 across 27 shared trading days). MLK has been the more volatile of the two, at 785% annualised against WFDP's 53%.

Correlation: -0.04
Size ratio: 1 : 232.2
Ahead over 30 days: WFDP

WFDPWFDP

$84.9400

24h: +0.04%
Market cap: $96,799
Volume 24h: $84,463
Volatility (ann.): 53%

MiL.kMLK

$0.038536

24h: +0.40%
Market cap: $22.48M
Volume 24h: $2.53M
Volatility (ann.): 785%

WFDP 0.4%Share of the two combined market caps99.6% MLK

Performance

WFDPMLK

7 days+21.66%+4.13%WFDP
30 days+52.72%+5.76%WFDP

Correlation

-0.04over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0490d: 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	WFDP	MLK
Max drawdown (400d)	-1.9%	-70.3%
Risk-adjusted return (90d)	0.99	0.01

Relative strength over 90 days: WFDP outperformed MLK by 6.8% — measured on the WFDP/MLK ratio, so it holds regardless of market direction.

WFDP →MiL.k →