NEAR Protocol (NEAR) is 3132.1× the size of Xterio (XTER) by market capitalisation. Over the past 1 year, NEAR is ahead by 192.3 percentage points (XTER -91.9% against NEAR +100.4%). Their daily returns move barely together (correlation 0.15 across 373 shared trading days). XTER has been the more volatile of the two, at 181% annualised against NEAR's 108%.
XTERNEAR
0.15over 373 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 | XTER | NEAR |
|---|---|---|
| Max drawdown (400d) | -92.4% | -68.7% |
| Risk-adjusted return (90d) | -0.16 | 0.98 |
| Best 30 days (past year) | +36.7% | +195.3% |
| Worst 30 days (past year) | -54.9% | -48.1% |
Relative strength over 90 days: NEAR outperformed XTER by 58.1% — measured on the XTER/NEAR ratio, so it holds regardless of market direction.