Aegis YUSD vs Tether

Tether (USDT) is 5158.0× the size of Aegis YUSD (YUSD) by market capitalisation. Over the past 30 days, USDT is ahead by 0.0 percentage points (YUSD -0.1% against USDT -0.0%). Their daily returns move barely together (correlation 0.09 across 47 shared trading days). YUSD has been the more volatile of the two, at 1% annualised against USDT's 1%.

Correlation: 0.09
Size ratio: 1 : 5158.0
Ahead over 30 days: USDT

Aegis YUSDYUSD

$0.998907

24h: +0.06%
Market cap: $34.56M
Volume 24h: $99,458
Volatility (ann.): 1%

TetherUSDT

$0.999398

24h: +0.04%
Market cap: $178.26B
Volume 24h: $64.34B
Volatility (ann.): 1%

YUSD 0.0%Share of the two combined market caps100.0% USDT

Performance

YUSDUSDT

7 days-0.05%+0.03%USDT
30 days-0.08%-0.04%USDT

Correlation

0.09over 47 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0590d: 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	YUSD	USDT
Max drawdown (400d)	-0.3%	-0.2%
Risk-adjusted return (90d)	-0.07	0.03

Relative strength over 90 days: USDT outperformed YUSD by 0.0% — measured on the YUSD/USDT ratio, so it holds regardless of market direction.

Aegis YUSD →Tether →