EigenCloud (prev. EigenLayer) (EIGEN) is 5020.4× the size of Expand (XZK) by market capitalisation. Over the past 1 year, EIGEN is ahead by 21.9 percentage points (XZK -97.5% against EIGEN -75.6%). Their daily returns move barely together (correlation 0.27 across 369 shared trading days). XZK has been the more volatile of the two, at 148% annualised against EIGEN's 107%.
$0.177200
XZKEIGEN
0.27over 369 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 | XZK | EIGEN |
|---|---|---|
| Max drawdown (400d) | -98.6% | -92.3% |
| Risk-adjusted return (90d) | -0.42 | 0.02 |
| Best 30 days (past year) | +10.1% | +46.0% |
| Worst 30 days (past year) | -67.2% | -55.2% |
Relative strength over 90 days: EIGEN outperformed XZK by 56.8% — measured on the XZK/EIGEN ratio, so it holds regardless of market direction.