Diversified USD vs GHO

GHO (GHO) is 2933.8× the size of Diversified USD (DFIUSD) by market capitalisation. Over the past 30 days, DFIUSD is ahead by 0.0 percentage points (DFIUSD +0.0% against GHO +0.0%). Their daily returns move barely in opposite directions (correlation -0.09 across 27 shared trading days). GHO has been the more volatile of the two, at 1% annualised against DFIUSD's 0%.

Correlation: -0.09
Size ratio: 1 : 2933.8
Ahead over 30 days: DFIUSD

Diversified USDDFIUSD

$0.999750

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

GHOGHO

$0.998609

24h: +0.02%
Market cap: $698.03M
Volume 24h: $5.61M
Volatility (ann.): 1%

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

Performance

DFIUSDGHO

7 days-0.00%+0.04%GHO
30 days+0.02%+0.00%DFIUSD

Correlation

-0.09over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0990d: 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	GHO
Max drawdown (400d)	-0.1%	-0.2%
Risk-adjusted return (90d)	0.05	0.02

Relative strength over 90 days: DFIUSD outperformed GHO by 0.0% — measured on the DFIUSD/GHO ratio, so it holds regardless of market direction.

Diversified USD →GHO →