3Jane USD3 vs Midas mF-ONE

3Jane USD3 (USD3) is 1.8× the size of Midas mF-ONE (MF-ONE) by market capitalisation. Over the past 30 days, MF-ONE is ahead by 0.1 percentage points (USD3 +0.8% against MF-ONE +0.9%). Their daily returns move barely together (correlation 0.21 across 39 shared trading days). USD3 has been the more volatile of the two, at 12% annualised against MF-ONE's 2%.

Correlation: 0.21
Size ratio: 1.8×
Ahead over 30 days: MF-ONE

3Jane USD3USD3

$1.2000

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

Midas mF-ONEMF-ONE

$1.1300

24h: +0.03%
Market cap: $65.45M
Volume 24h: —
Volatility (ann.): 2%

USD3 63.9%Share of the two combined market caps36.1% MF-ONE

Performance

USD3MF-ONE

7 days+0.00%+0.00%USD3
30 days+0.84%+0.89%MF-ONE

Correlation

0.21over 39 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2490d: 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	MF-ONE
Max drawdown (400d)	-0.8%	0.0%
Risk-adjusted return (90d)	0.22	0.38

Relative strength over 90 days: USD3 outperformed MF-ONE by 1.7% — measured on the USD3/MF-ONE ratio, so it holds regardless of market direction.

3Jane USD3 →Midas mF-ONE →