Trading Pairs
Ratio charts: price of A divided by price of B. Rising line = A is outperforming B; falling = B is winning, whether the market overall is up or down. Tap a card to open its full chart.
How to read a ratio chart
- Rising line = A is outperforming B. Falling = B is outperforming A. Both can be falling in dollars while the ratio rises.
- The ratio's level has no meaning on its own; its direction and trend do. Breakouts and breakdowns in the ratio often lead rotations.
- 1W / 1M / 3M are the ratio's % change.
- Status tag: ratio above both its 20- and 50-day EMA = "A leading"; below both = "B leading"; in between = "Mixed".
- z-score: how many standard deviations the ratio sits from its 20-day average. At ±2 or beyond it's flagged stretched: an unusually large move that often cools off, not a signal by itself.
- On the big charts: the two moving lines labelled EMA 20 and EMA 50 show the short and medium trend; the shaded Bollinger Bands (20, 2) mark ±2 standard deviations; the lower pane is RSI(14), where above 70 / below 30 means A has run unusually hard / weak vs B. Volume is hidden because a ratio has no real volume.
- Figures use daily closes from Yahoo Finance, matched by date, refreshed hourly. A "—" means the data wasn't available; nothing is estimated.
Tesla / SpaceX
TSLA/SPCX
Which Musk company the market is paying up for: Tesla or SpaceX. Rising = TSLA outperforming SPCX.
Last 3 months of the ratio · daily closes to 2026-10-30
- Ratio
- 2.968
- 1W
- +17.6%
- 1M
- +26.2%
- 3M
- +3.3%
Bitcoin proxies
MSTR/BTC
Strategy's premium vs. the bitcoin it holds. Rising = the stock is beating BTC itself. Rising = MSTR outperforming BTC.
Last 3 months of the ratio · daily closes to 2026-10-30
- Ratio
- 0.00169
- 1W
- −6.1%
- 1M
- −7.7%
- 3M
- +13.8%
COIN/BTC
The exchange business vs. the coin. Rising = Coinbase is outrunning bitcoin. Rising = COIN outperforming BTC.
Last 3 months of the ratio · daily closes to 2026-10-30
- Ratio
- 0.00186
- 1W
- −8.3%
- 1M
- −16.7%
- 3M
- −20.1%
HOOD/COIN
Retail-broker crypto exposure vs. the pure crypto exchange. Rising = HOOD outperforming COIN.
Last 3 months of the ratio · daily closes to 2026-10-30
- Ratio
- 0.592
- 1W
- +2.4%
- 1M
- −1.9%
- 3M
- +0.0%
Semis
NVDA/AMD
The AI-GPU leader vs. its main challenger. Rising = NVDA outperforming AMD.
Last 3 months of the ratio · daily closes to 2026-10-30
- Ratio
- 0.405
- 1W
- −0.7%
- 1M
- +8.6%
- 3M
- −3.8%
MU/NVDA
Memory vs. compute. Rising = money rotating into memory (HBM) over GPUs. Rising = MU outperforming NVDA.
Last 3 months of the ratio · daily closes to 2026-10-30
- Ratio
- 4.323
- 1W
- +3.9%
- 1M
- −7.3%
- 3M
- +5.5%
MRVL/AVGO
The two custom-AI-chip and networking names, head to head. Rising = MRVL outperforming AVGO.
Last 3 months of the ratio · daily closes to 2026-10-30
- Ratio
- 0.602
- 1W
- −15.2%
- 1M
- −19.9%
- 3M
- +25.0%
MRVL/ALAB
Marvell versus Astera Labs, two AI data-center connectivity plays (custom silicon/optics vs PCIe/CXL retimers and switches). Rising = MRVL outperforming ALAB.
Last 3 months of the ratio · daily closes to 2026-10-30
- Ratio
- 0.759
- 1W
- −14.6%
- 1M
- +2.3%
- 3M
- +26.0%
SMH/QQQ
Are semiconductors leading or lagging the broader Nasdaq-100? Rising = SMH outperforming QQQ.
Last 3 months of the ratio · daily closes to 2026-10-30
- Ratio
- 0.757
- 1W
- +1.1%
- 1M
- −8.1%
- 3M
- −3.7%
Crypto vs BTC
ETH/BTC
The classic altcoin-season gauge. Rising = ether outperforming bitcoin. Rising = ETH outperforming BTC.
Last 3 months of the ratio · daily closes to 2026-11-02
- Ratio
- 0.0291
- 1W
- +0.3%
- 1M
- −8.2%
- 3M
- −0.6%
SOL/BTC
Solana's strength measured in bitcoin rather than dollars. Rising = SOL outperforming BTC.
Last 3 months of the ratio · daily closes to 2026-11-02
- Ratio
- 0.00121
- 1W
- −4.3%
- 1M
- −14.6%
- 3M
- +4.1%
ZEC/BTC
Zcash (privacy coin) vs. bitcoin. Rising = ZEC outperforming BTC.
Last 3 months of the ratio · daily closes to 2026-11-02
- Ratio
- 0.0157
- 1W
- +2.2%
- 1M
- +2.3%
- 3M
- +106.7%
HYPE/BTC
Hyperliquid vs. bitcoin. Rising = HYPE outperforming BTC.
Last 3 months of the ratio · daily closes to 2026-11-02
- Ratio
- 0.00113
- 1W
- +15.4%
- 1M
- +6.9%
- 3M
- +32.6%
Market regime
QQQ/SPY
Growth/tech vs. the whole S&P 500. Rising = risk-on, tech-led market. Rising = QQQ outperforming SPY.
Last 3 months of the ratio · daily closes to 2026-10-30
- Ratio
- 0.914
- 1W
- −1.4%
- 1M
- −5.8%
- 3M
- −0.8%
IWM/SPY
Small caps vs. large caps. Rising = broadening rally. Rising = IWM outperforming SPY.
Last 3 months of the ratio · daily closes to 2026-10-30
- Ratio
- 0.370
- 1W
- +1.9%
- 1M
- +1.4%
- 3M
- −5.2%
Stats updated Nov 1, 7:48 PM ET. Charts by TradingView, loaded only when you open one. Research only, not investment advice.