BRL1 vs USDS

USDS (USDS) is 2949.0× the size of BRL1 (BRL1) by market capitalisation. Over the past 90 days, USDS is ahead by 4.6 percentage points (BRL1 -4.5% against USDS +0.0%). Their daily returns move barely in opposite directions (correlation -0.13 across 179 shared trading days). BRL1 has been the more volatile of the two, at 17% annualised against USDS's 1%.

Correlation: -0.13
Size ratio: 1 : 2949.0
Ahead over 90 days: USDS

BRL1BRL1

$0.181602

24h: -0.85%
Market cap: $3.25M
Volume 24h: $571,349
Volatility (ann.): 17%

USDSUSDS

$1.0008

24h: +0.02%
Market cap: $9.58B
Volume 24h: $234.10M
Volatility (ann.): 1%

BRL1 0.0%Share of the two combined market caps100.0% USDS

Performance

BRL1USDS

7 days-4.69%-0.02%USDS
30 days-5.63%+0.09%USDS
90 days-4.54%+0.01%USDS

Correlation

-0.13over 179 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2190d: -0.171y: 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	BRL1	USDS
Max drawdown (400d)	-10.2%	-0.4%
Risk-adjusted return (90d)	-0.19	0.01

Relative strength over 90 days: USDS outperformed BRL1 by 4.6% — measured on the BRL1/USDS ratio, so it holds regardless of market direction.

BRL1 →USDS →