XELS vs VeBetterDAO

VeBetterDAO (B3TR) is 31.1× the size of XELS (XELS) by market capitalisation. Over the past 1 year, XELS is ahead by 13.0 percentage points (XELS -71.6% against B3TR -84.6%). Their daily returns move barely together (correlation 0.05 across 362 shared trading days). B3TR has been the more volatile of the two, at 84% annualised against XELS's 50%.

Correlation: 0.05
Size ratio: 1 : 31.1
Ahead over 1 year: XELS

XELSXELS

$0.005027

24h: +0.11%
Market cap: $105,570
Volume 24h: $19,741
Volatility (ann.): 50%

VeBetterDAOB3TR

$0.006825

24h: +3.52%
Market cap: $3.28M
Volume 24h: $174,981
Volatility (ann.): 84%

XELS 3.1%Share of the two combined market caps96.9% B3TR

Performance

XELSB3TR

7 days-1.73%+3.76%B3TR
30 days-5.02%+58.40%B3TR
90 days-29.11%+45.23%B3TR
1 year-71.61%-84.61%XELS

Correlation

0.05over 362 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1190d: -0.051y: 0.05

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	XELS	B3TR
Max drawdown (400d)	-78.2%	-93.8%
Risk-adjusted return (90d)	-0.80	0.74

Relative strength over 90 days: B3TR outperformed XELS by 51.2% — measured on the XELS/B3TR ratio, so it holds regardless of market direction.

XELS →VeBetterDAO →