Ethereum (ETH) is 2024599.2× the size of Yoshi.exchange (YOSHI) by market capitalisation. Their daily returns move barely together (correlation 0.06 across 191 shared trading days). YOSHI has been the more volatile of the two, at 182% annualised against ETH's 62%.
YOSHIETH
0.06over 191 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 | YOSHI | ETH |
|---|---|---|
| Max drawdown (400d) | -69.7% | -66.5% |
| Risk-adjusted return (90d) | 0.40 | 0.50 |
| Best 30 days (past year) | — | +34.1% |
| Worst 30 days (past year) | — | -44.6% |
Relative strength over 90 days: YOSHI outperformed ETH by 23.1% — measured on the YOSHI/ETH ratio, so it holds regardless of market direction.