Diversified USD vs crvUSD

crvUSD (CRVUSD) is 653.8× the size of Diversified USD (DFIUSD) by market capitalisation. Over the past 30 days, DFIUSD is ahead by 0.1 percentage points (DFIUSD +0.0% against CRVUSD -0.1%). Their daily returns move barely together (correlation 0.01 across 28 shared trading days). CRVUSD has been the more volatile of the two, at 1% annualised against DFIUSD's 0%.

Correlation: 0.01
Size ratio: 1 : 653.8
Ahead over 30 days: DFIUSD

Diversified USDDFIUSD

$0.999750

24h: +0.03%
Market cap: $237,925
Volume 24h: $3,326
Volatility (ann.): 0%

crvUSDCRVUSD

$0.998543

24h: -0.03%
Market cap: $155.57M
Volume 24h: $18.87M
Volatility (ann.): 1%

DFIUSD 0.2%Share of the two combined market caps99.8% CRVUSD

Performance

DFIUSDCRVUSD

7 days-0.00%-0.06%DFIUSD
30 days+0.02%-0.12%DFIUSD

Correlation

0.01over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0190d: 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	DFIUSD	CRVUSD
Max drawdown (400d)	-0.1%	-0.3%
Risk-adjusted return (90d)	0.05	-0.06

Relative strength over 90 days: DFIUSD outperformed CRVUSD by 0.2% — measured on the DFIUSD/CRVUSD ratio, so it holds regardless of market direction.

Diversified USD →crvUSD →