Yunai by Virtuals vs SPX6900

SPX6900 (SPX) is 232.4× the size of Yunai by Virtuals (YUNAI) by market capitalisation. Over the past 30 days, YUNAI is ahead by 2.5 percentage points (YUNAI -21.8% against SPX -24.3%). Their daily returns move barely together (correlation 0.20 across 21 shared trading days). Both have run at a similar volatility, around 120% annualised.

Correlation: 0.20
Size ratio: 1 : 232.4
Ahead over 30 days: YUNAI

Yunai by VirtualsYUNAI

$0.001482

24h: —
Market cap: $1.48M
Volume 24h: —
Volatility (ann.): 126%

SPX6900SPX

$0.370126

24h: +2.54%
Market cap: $344.58M
Volume 24h: $8.49M
Volatility (ann.): 113%

YUNAI 0.4%Share of the two combined market caps99.6% SPX

Performance

YUNAISPX

7 days-30.03%-3.77%SPX
30 days-21.85%-24.31%YUNAI

Correlation

0.20over 21 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	YUNAI	SPX
Max drawdown (400d)	-32.5%	-42.9%
Risk-adjusted return (90d)	-0.17	0.14

Relative strength over 90 days: YUNAI outperformed SPX by 21.8% — measured on the YUNAI/SPX ratio, so it holds regardless of market direction.

Yunai by Virtuals →SPX6900 →