3Jane USD3 vs apyUSD

apyUSD (APYUSD) is 1.3× the size of 3Jane USD3 (USD3) by market capitalisation. Over the past 30 days, APYUSD is ahead by 2.8 percentage points (USD3 +0.8% against APYUSD +3.6%). Their daily returns move loosely in opposite directions (correlation -0.36 across 37 shared trading days). Both have run at a similar volatility, around 13% annualised.

Correlation: -0.36
Size ratio: 1 : 1.3
Ahead over 30 days: APYUSD

3Jane USD3USD3

$1.2000

24h: +0.08%
Market cap: $115.90M
Volume 24h: $177,361
Volatility (ann.): 12%

apyUSDAPYUSD

$1.4200

24h: -0.29%
Market cap: $152.25M
Volume 24h: $1.43M
Volatility (ann.): 14%

USD3 43.2%Share of the two combined market caps56.8% APYUSD

Performance

USD3APYUSD

7 days+0.00%+0.71%APYUSD
30 days+0.84%+3.65%APYUSD

Correlation

-0.36over 37 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.4190d: 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	USD3	APYUSD
Max drawdown (400d)	-0.8%	-2.8%
Risk-adjusted return (90d)	0.22	0.62

Relative strength over 90 days: APYUSD outperformed USD3 by 1.1% — measured on the USD3/APYUSD ratio, so it holds regardless of market direction.

3Jane USD3 →apyUSD →