XSI vs Achi
XSI (XSI) and Achi (ACH) compared side by side. Their daily returns move loosely together (correlation 0.42 across 21 shared trading days). XSI has been the more volatile of the two, at 738% annualised against ACH's 75%.
- Correlation
- 0.42
Performance
XSIACH
- 7 daysACH
- 30 days—
- 90 days—
- 1 year—
Correlation
0.42over 21 shared trading days
−1 opposite0 unrelated+1 in step
7d: insufficient data30d: insufficient data90d: 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 | XSI | ACH |
|---|---|---|
| Max drawdown (400d) | -61.6% | -72.3% |
| Risk-adjusted return (90d) | 0.01 | 0.05 |
| Best 30 days (past year) | — | +62.8% |
| Worst 30 days (past year) | — | -41.8% |
Relative strength over 90 days: XSI outperformed ACH by 28.8% — measured on the XSI/ACH ratio, so it holds regardless of market direction.