Anthropic PreStocks vs Ondo US Dollar Yield

Ondo US Dollar Yield (USDY) is 337.2× the size of Anthropic PreStocks (ANTHROPIC) by market capitalisation. Over the past 30 days, ANTHROPIC is ahead by 0.5 percentage points (ANTHROPIC +0.5% against USDY +0.0%). Their daily returns move barely together (correlation 0.03 across 32 shared trading days). ANTHROPIC has been the more volatile of the two, at 60% annualised against USDY's 6%.

Correlation: 0.03
Size ratio: 1 : 337.2
Ahead over 30 days: ANTHROPIC

Anthropic PreStocksANTHROPIC

$923.9900

24h: -2.74%
Market cap: $7.10M
Volume 24h: $690,377
Volatility (ann.): 60%

Ondo US Dollar YieldUSDY

$1.1500

24h: +0.05%
Market cap: $2.39B
Volume 24h: $4.07M
Volatility (ann.): 6%

ANTHROPIC 0.3%Share of the two combined market caps99.7% USDY

Performance

ANTHROPICUSDY

7 days-5.07%+0.00%USDY
30 days+0.53%+0.00%ANTHROPIC

Correlation

0.03over 32 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	ANTHROPIC	USDY
Max drawdown (400d)	-12.3%	-0.9%
Risk-adjusted return (90d)	0.15	0.15

Relative strength over 90 days: ANTHROPIC outperformed USDY by 8.1% — measured on the ANTHROPIC/USDY ratio, so it holds regardless of market direction.

Anthropic PreStocks →Ondo US Dollar Yield →