FLOKI (FLOKI) is 9.8× the size of Yield Guild Games (YGG) by market capitalisation. Over the past 1 year, FLOKI is ahead by 16.0 percentage points (YGG -76.1% against FLOKI -60.1%). Their daily returns move closely together (correlation 0.71 across 399 shared trading days). Both have run at a similar volatility, around 91% annualised.
YGGFLOKI
0.71over 399 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 | YGG | FLOKI |
|---|---|---|
| Max drawdown (400d) | -90.5% | -80.7% |
| Risk-adjusted return (90d) | 0.37 | 0.09 |
| Best 30 days (past year) | +32.5% | +35.0% |
| Worst 30 days (past year) | -48.2% | -50.0% |
Relative strength over 90 days: YGG outperformed FLOKI by 20.0% — measured on the YGG/FLOKI ratio, so it holds regardless of market direction.