Virtuals Protocol (VIRTUAL) is 10579.0× the size of Expand (XZK) by market capitalisation. Over the past 1 year, VIRTUAL is ahead by 41.4 percentage points (XZK -97.5% against VIRTUAL -56.1%). Their daily returns move barely together (correlation 0.18 across 369 shared trading days). XZK has been the more volatile of the two, at 148% annualised against VIRTUAL's 119%.
XZKVIRTUAL
0.18over 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 | VIRTUAL |
|---|---|---|
| Max drawdown (400d) | -98.6% | -71.7% |
| Risk-adjusted return (90d) | -0.42 | 0.06 |
| Best 30 days (past year) | +10.1% | +47.4% |
| Worst 30 days (past year) | -67.2% | -54.7% |
Relative strength over 90 days: VIRTUAL outperformed XZK by 67.5% — measured on the XZK/VIRTUAL ratio, so it holds regardless of market direction.