YieldNest vs Jito
YieldNest (YND) and Jito (JTO) compared side by side. Their daily returns move barely together (correlation 0.11 across 22 shared trading days). Both have run at a similar volatility, around 122% annualised.
- Correlation
- 0.11
YND 0.0%Share of the two combined market caps100.0% JTO
Performance
YNDJTO
- 7 daysJTO
- 30 days—
- 90 days—
- 1 year—
Correlation
0.11over 22 shared trading days
−1 opposite0 unrelated+1 in step
7d: insufficient data30d: insufficient data90d: insufficient data1y: insufficient data
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.
Risk & extremes
| Metric | YND | JTO |
|---|---|---|
| Max drawdown (400d) | -41.5% | -85.9% |
| Risk-adjusted return (90d) | -0.35 | -0.30 |
| Best 30 days (past year) | — | +109.1% |
| Worst 30 days (past year) | — | -51.6% |
Relative strength over 90 days: JTO outperformed YND by 12.8% — measured on the YND/JTO ratio, so it holds regardless of market direction.