XRP (XRP) is 7065110.4× the size of ZTX (ZTX) by market capitalisation. Over the past 1 year, XRP is ahead by 58.8 percentage points (ZTX -99.6% against XRP -40.8%). Their daily returns move barely in opposite directions (correlation -0.08 across 369 shared trading days). ZTX has been the more volatile of the two, at 382% annualised against XRP's 65%.
ZTXXRP
-0.08over 369 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 | ZTX | XRP |
|---|---|---|
| Max drawdown (400d) | -99.8% | -67.3% |
| Risk-adjusted return (90d) | -0.14 | 0.37 |
| Best 30 days (past year) | +172.7% | +41.9% |
| Worst 30 days (past year) | -92.9% | -47.3% |
Relative strength over 90 days: XRP outperformed ZTX by 97.5% — measured on the ZTX/XRP ratio, so it holds regardless of market direction.