Dollar On Chain vs Falcon USD

Falcon USD (USDF) is 564.1× the size of Dollar On Chain (DOC) by market capitalisation. Over the past 30 days, DOC is ahead by 0.7 percentage points (DOC +0.3% against USDF -0.5%). Their daily returns move barely together (correlation 0.00 across 27 shared trading days). DOC has been the more volatile of the two, at 10% annualised against USDF's 1%.

Correlation: 0.00
Size ratio: 1 : 564.1
Ahead over 30 days: DOC

Dollar On ChainDOC

$1.0070

24h: +1.22%
Market cap: $3.24M
Volume 24h: $119,411
Volatility (ann.): 10%

Falcon USDUSDF

$0.992012

24h: +0.02%
Market cap: $1.83B
Volume 24h: $530,884
Volatility (ann.): 1%

DOC 0.2%Share of the two combined market caps99.8% USDF

Performance

DOCUSDF

7 days+0.60%-0.30%DOC
30 days+0.27%-0.48%DOC

Correlation

0.00over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0090d: 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	DOC	USDF
Max drawdown (400d)	-1.8%	-0.6%
Risk-adjusted return (90d)	0.01	-0.39

Relative strength over 90 days: DOC outperformed USDF by 0.5% — measured on the DOC/USDF ratio, so it holds regardless of market direction.

Dollar On Chain →Falcon USD →