AllUnity CHF vs Tether

Tether (USDT) is 4333.8× the size of AllUnity CHF (CHFAU) by market capitalisation. Over the past 30 days, CHFAU is ahead by 0.1 percentage points (CHFAU +0.0% against USDT -0.1%). Their daily returns move barely together (correlation 0.10 across 50 shared trading days). CHFAU has been the more volatile of the two, at 8% annualised against USDT's 1%.

Correlation: 0.10
Size ratio: 1 : 4333.8
Ahead over 30 days: CHFAU

AllUnity CHFCHFAU

$1.2300

24h: +0.84%
Market cap: $41.13M
Volume 24h: $19,170
Volatility (ann.): 8%

TetherUSDT

$0.999392

24h: +0.03%
Market cap: $178.27B
Volume 24h: $64.53B
Volatility (ann.): 1%

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

Performance

CHFAUUSDT

7 days+0.83%+0.03%CHFAU
30 days+0.00%-0.08%CHFAU

Correlation

0.10over 50 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0390d: 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	CHFAU	USDT
Max drawdown (400d)	-4.0%	-0.2%
Risk-adjusted return (90d)	-0.29	-0.03

Relative strength over 90 days: USDT outperformed CHFAU by 2.3% — measured on the CHFAU/USDT ratio, so it holds regardless of market direction.

AllUnity CHF →Tether →