Blockchain Capital vs Ondo US Dollar Yield

Blockchain Capital (BCAP) and Ondo US Dollar Yield (USDY) compared side by side. Over the past 30 days, USDY is ahead by 1.0 percentage points (BCAP -1.0% against USDY +0.0%). Their daily returns move barely in opposite directions (correlation -0.04 across 44 shared trading days). Both have run at a similar volatility, around 6% annualised.

Correlation: -0.04
Ahead over 30 days: USDY

Blockchain CapitalBCAP

$104.7800

24h: -0.09%
Market cap: —
Volume 24h: —
Volatility (ann.): 6%

Ondo US Dollar YieldUSDY

$1.1500

24h: +0.12%
Market cap: $2.40B
Volume 24h: $2.78M
Volatility (ann.): 6%

BCAP 0.0%Share of the two combined market caps100.0% USDY

Performance

BCAPUSDY

7 days-0.49%+0.00%USDY
30 days-0.97%+0.00%USDY

Correlation

-0.04over 44 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0490d: 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	BCAP	USDY
Max drawdown (400d)	-2.1%	-0.9%
Risk-adjusted return (90d)	-0.15	0.15

Relative strength over 90 days: USDY outperformed BCAP by 1.8% — measured on the BCAP/USDY ratio, so it holds regardless of market direction.

Blockchain Capital →Ondo US Dollar Yield →