Asymmetry USDaf vs USDai

USDai (USDAI) is 823.3× the size of Asymmetry USDaf (USDAF) by market capitalisation. Over the past 30 days, USDAF is ahead by 0.2 percentage points (USDAF +0.1% against USDAI -0.0%). Their daily returns move barely together (correlation 0.29 across 24 shared trading days). USDAF has been the more volatile of the two, at 4% annualised against USDAI's 1%.

Correlation: 0.29
Size ratio: 1 : 823.3
Ahead over 30 days: USDAF

Asymmetry USDafUSDAF

$0.989615

24h: +0.06%
Market cap: $191,456
Volume 24h: $3,172
Volatility (ann.): 4%

USDaiUSDAI

$0.999334

24h: +0.08%
Market cap: $157.62M
Volume 24h: $544,352
Volatility (ann.): 1%

USDAF 0.1%Share of the two combined market caps99.9% USDAI

Performance

USDAFUSDAI

7 days-0.17%+0.03%USDAI
30 days+0.11%-0.04%USDAF

Correlation

0.29over 24 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	USDAF	USDAI
Max drawdown (400d)	-0.9%	-0.2%
Risk-adjusted return (90d)	0.03	0.07

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

Asymmetry USDaf →USDai →