World3 vs Grass

Grass (GRASS) is 117.3× the size of World3 (WAI) by market capitalisation. Over the past 30 days, GRASS is ahead by 69.0 percentage points (WAI +9.2% against GRASS +78.2%). Their daily returns move closely together (correlation 0.62 across 32 shared trading days). GRASS has been the more volatile of the two, at 212% annualised against WAI's 129%.

Correlation: 0.62
Size ratio: 1 : 117.3
Ahead over 30 days: GRASS

World3WAI

$0.009055

24h: -0.38%
Market cap: $3.16M
Volume 24h: $49,967
Volatility (ann.): 129%

GrassGRASS

$0.512896

24h: -15.50%
Market cap: $370.29M
Volume 24h: $16.32M
Volatility (ann.): 212%

WAI 0.8%Share of the two combined market caps99.2% GRASS

Performance

WAIGRASS

7 days-2.44%-15.26%WAI
30 days+9.24%+78.19%GRASS

Correlation

0.62over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6290d: 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	WAI	GRASS
Max drawdown (400d)	-28.5%	-25.3%
Risk-adjusted return (90d)	0.09	0.36

Relative strength over 90 days: GRASS outperformed WAI by 29.7% — measured on the WAI/GRASS ratio, so it holds regardless of market direction.

World3 →Grass →