Pepe (PEPE) is 52028.0× the size of Zeus (ZEUS) by market capitalisation. Their daily returns move loosely together (correlation 0.45 across 163 shared trading days). ZEUS has been the more volatile of the two, at 197% annualised against PEPE's 102%.
ZEUSPEPE
0.45over 163 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 | ZEUS | PEPE |
|---|---|---|
| Max drawdown (400d) | -86.1% | -77.2% |
| Risk-adjusted return (90d) | 0.47 | 0.71 |
| Best 30 days (past year) | — | +63.5% |
| Worst 30 days (past year) | — | -48.9% |
Relative strength over 90 days: ZEUS outperformed PEPE by 43.0% — measured on the ZEUS/PEPE ratio, so it holds regardless of market direction.