Diversified USD vs Falcon USD

Falcon USD (USDF) is 7708.5× the size of Diversified USD (DFIUSD) by market capitalisation. Over the past 30 days, DFIUSD is ahead by 0.4 percentage points (DFIUSD +0.0% against USDF -0.4%). Their daily returns move barely together (correlation 0.06 across 27 shared trading days). USDF has been the more volatile of the two, at 1% annualised against DFIUSD's 0%.

Correlation: 0.06
Size ratio: 1 : 7708.5
Ahead over 30 days: DFIUSD

Diversified USDDFIUSD

$0.999750

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

Falcon USDUSDF

$0.994452

24h: +0.27%
Market cap: $1.83B
Volume 24h: $867,597
Volatility (ann.): 1%

DFIUSD 0.0%Share of the two combined market caps100.0% USDF

Performance

DFIUSDUSDF

7 days-0.00%-0.24%DFIUSD
30 days+0.02%-0.39%DFIUSD

Correlation

0.06over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0690d: 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	USDF
Max drawdown (400d)	-0.1%	-0.6%
Risk-adjusted return (90d)	0.05	-0.31

Relative strength over 90 days: DFIUSD outperformed USDF by 0.4% — measured on the DFIUSD/USDF ratio, so it holds regardless of market direction.

Diversified USD →Falcon USD →