apyUSD vs Midas mRe7YIELD

apyUSD (APYUSD) is 18.6× the size of Midas mRe7YIELD (MRE7YIELD) by market capitalisation. Over the past 30 days, APYUSD is ahead by 8.5 percentage points (APYUSD +3.6% against MRE7YIELD -4.8%). Their daily returns move barely together (correlation 0.05 across 25 shared trading days). MRE7YIELD has been the more volatile of the two, at 17% annualised against APYUSD's 14%.

Correlation: 0.05
Size ratio: 18.6×
Ahead over 30 days: APYUSD

apyUSDAPYUSD

$1.4200

24h: +0.09%
Market cap: $152.45M
Volume 24h: $912,163
Volatility (ann.): 14%

Midas mRe7YIELDMRE7YIELD

$1.0840

24h: +0.00%
Market cap: $8.21M
Volume 24h: —
Volatility (ann.): 17%

APYUSD 94.9%Share of the two combined market caps5.1% MRE7YIELD

Performance

APYUSDMRE7YIELD

7 days+0.71%-5.00%APYUSD
30 days+3.65%-4.82%APYUSD

Correlation

0.05over 25 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	APYUSD	MRE7YIELD
Max drawdown (400d)	-2.8%	-5.0%
Risk-adjusted return (90d)	0.62	-0.29

Relative strength over 90 days: APYUSD outperformed MRE7YIELD by 8.2% — measured on the APYUSD/MRE7YIELD ratio, so it holds regardless of market direction.

apyUSD →Midas mRe7YIELD →