dogwifhat (WIF) is 968.4× the size of what the dog doing? (我的刀盾) by market capitalisation. Their daily returns move closely together (correlation 0.64 across 34 shared trading days). 我的刀盾 has been the more volatile of the two, at 402% annualised against WIF's 104%.
我的刀盾WIF
0.64over 34 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 | 我的刀盾 | WIF |
|---|---|---|
| Max drawdown (400d) | -98.5% | -83.1% |
| Risk-adjusted return (90d) | -0.24 | 0.21 |
| Best 30 days (past year) | — | +57.5% |
| Worst 30 days (past year) | — | -50.5% |
Relative strength over 90 days: WIF outperformed 我的刀盾 by 98.2% — measured on the 我的刀盾/WIF ratio, so it holds regardless of market direction.