Wrapped fragSOL vs Wrapped Hypertensor

Wrapped Hypertensor (TENSOR) is 4.0× the size of Wrapped fragSOL (WFRAGSOL) by market capitalisation. Over the past 30 days, TENSOR is ahead by 6.1 percentage points (WFRAGSOL -5.8% against TENSOR +0.3%). Their daily returns move loosely together (correlation 0.39 across 36 shared trading days). WFRAGSOL has been the more volatile of the two, at 114% annualised against TENSOR's 64%.

Correlation: 0.39
Size ratio: 1 : 4.0
Ahead over 30 days: TENSOR

Wrapped fragSOLWFRAGSOL

$101.2900

24h: -2.72%
Market cap: $1.96M
Volume 24h: $383
Volatility (ann.): 114%

Wrapped HypertensorTENSOR

$8.7200

24h: —
Market cap: $7.76M
Volume 24h: $1,530
Volatility (ann.): 64%

WFRAGSOL 20.1%Share of the two combined market caps79.9% TENSOR

Performance

WFRAGSOLTENSOR

7 days-19.59%-8.00%TENSOR
30 days-5.78%+0.34%TENSOR

Correlation

0.39over 36 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3590d: 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	WFRAGSOL	TENSOR
Max drawdown (400d)	-23.3%	-18.0%
Risk-adjusted return (90d)	-0.10	-0.23

Relative strength over 90 days: WFRAGSOL outperformed TENSOR by 4.0% — measured on the WFRAGSOL/TENSOR ratio, so it holds regardless of market direction.

Wrapped fragSOL →Wrapped Hypertensor →