BNB (BNB) is 3298.5× the size of XT.com (XT) by market capitalisation. Their daily returns move closely together (correlation 0.67 across 50 shared trading days). Both have run at a similar volatility, around 48% annualised.
XTBNB
0.67over 50 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 | XT | BNB |
|---|---|---|
| Max drawdown (400d) | -14.7% | -58.2% |
| Risk-adjusted return (90d) | -0.04 | 0.45 |
| Best 30 days (past year) | — | +29.4% |
| Worst 30 days (past year) | — | -34.9% |
Relative strength over 90 days: BNB outperformed XT by 0.8% — measured on the XT/BNB ratio, so it holds regardless of market direction.