BREW vs Tether

Tether (USDT) is 93037.0× the size of BREW (BREW) by market capitalisation. Over the past 30 days, USDT is ahead by 99.9 percentage points (BREW -100.0% against USDT -0.1%). Their daily returns move barely in opposite directions (correlation -0.07 across 20 shared trading days). BREW has been the more volatile of the two, at 779% annualised against USDT's 1%.

Correlation: -0.07
Size ratio: 1 : 93037.0
Ahead over 30 days: USDT

BREWBREW

$0.002105

24h: +3.17%
Market cap: $1.92M
Volume 24h: $236,042
Volatility (ann.): 779%

TetherUSDT

$0.999398

24h: +0.04%
Market cap: $178.26B
Volume 24h: $64.34B
Volatility (ann.): 1%

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

Performance

BREWUSDT

7 days-99.97%+0.03%USDT
30 days-99.95%-0.08%USDT

Correlation

-0.07over 20 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	BREW	USDT
Max drawdown (400d)	-100.0%	-0.2%
Risk-adjusted return (90d)	-0.13	-0.03

Relative strength over 90 days: USDT outperformed BREW by 100.0% — measured on the BREW/USDT ratio, so it holds regardless of market direction.

BREW →Tether →