What is the correlation between Ethereum and Polkadot?

Ethereum and Polkadot correlation is measured using Pearson correlation coefficients on daily closing prices. A value of +1 means perfect co-movement, -1 means perfect inverse movement, and 0 means no linear relationship. This page shows rolling windows so you can see how the Ethereum-Polkadot correlation has shifted over time.

Which rolling windows are available for Ethereum vs Polkadot?

Rolling correlation is available over 30-day, 90-day, 1-year, and 3-year windows. Shorter windows highlight recent regime changes and news-driven decoupling between Ethereum and Polkadot, while longer windows reveal the structural relationship between the two assets.

How should I interpret a Ethereum-Polkadot correlation value?

Readings close to +1 mean Ethereum and Polkadot tend to rally and sell off together, offering little diversification. Readings near 0 indicate the two trade largely independently. Negative readings mean they move in opposite directions, which can improve portfolio diversification when held together.

Does holding both Ethereum and Polkadot provide diversification?

Diversification benefit is inversely proportional to correlation. When Ethereum and Polkadot correlate near +1 they behave as a single position under stress; when correlation drops below +0.5 they provide meaningful risk reduction. Check the rolling chart above to see whether the Ethereum-Polkadot pair currently offers diversification or moves together.

How is the Ethereum-Polkadot correlation calculated?

Correlation is computed as the Pearson correlation coefficient of daily log returns over the selected rolling window. Prices are aligned on matching trading days, and pairs with insufficient overlapping observations are returned as unavailable rather than forced into a low-confidence value.

How often is the correlation value updated?

The correlation price pipeline runs on a scheduled daily cron. The "as of" date in the header reflects the latest trading day included in the calculation.

Can correlation between Ethereum and Polkadot regime-shift?

Yes — crypto correlations compress sharply during macro risk-off events (everything correlates to 1) and decompress in steady-state bull markets. Major unlocks, protocol events, and ETF flows can temporarily break historical correlation patterns between Ethereum and Polkadot, which is why 30D and 1Y windows can disagree.

Ethereum vs Polkadot Correlation

Track the rolling correlation between Ethereum and Polkadot across 30D, 90D, 1Y, and 3Y windows. A correlation of +1 means Ethereum and Polkadot move in perfect lockstep, 0 means they trade independently, and -1 means they move in exact opposite directions. Short windows highlight regime shifts around macro events and news, while longer windows reveal the structural relationship between the two assets. Use the matrix and rolling chart below to study how the Ethereum-Polkadot correlation has evolved and whether holding both still adds meaningful diversification today.