BRLA Digital BRLA vs Dai

Dai (DAI) is 116.3× the size of BRLA Digital BRLA (BRLA) by market capitalisation. Over the past 30 days, DAI is ahead by 6.7 percentage points (BRLA -6.7% against DAI +0.0%). Their daily returns move barely together (correlation 0.04 across 20 shared trading days). BRLA has been the more volatile of the two, at 26% annualised against DAI's 1%.

Correlation: 0.04
Size ratio: 1 : 116.3
Ahead over 30 days: DAI

BRLA Digital BRLABRLA

$0.181845

24h: -0.53%
Market cap: $38.81M
Volume 24h: $324,323
Volatility (ann.): 26%

DaiDAI

$1.0000

24h: -0.01%
Market cap: $4.52B
Volume 24h: $120.17M
Volatility (ann.): 1%

BRLA 0.9%Share of the two combined market caps99.1% DAI

Performance

BRLADAI

7 days-3.04%+0.03%DAI
30 days-6.74%+0.00%DAI

Correlation

0.04over 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	BRLA	DAI
Max drawdown (400d)	-9.4%	-0.1%
Risk-adjusted return (90d)	-0.24	0.03

Relative strength over 90 days: DAI outperformed BRLA by 5.7% — measured on the BRLA/DAI ratio, so it holds regardless of market direction.

BRLA Digital BRLA →Dai →