EtherFi Liquid Reserve vs 3Jane USD3

3Jane USD3 (USD3) is 43.7× the size of EtherFi Liquid Reserve (LIQUIDRESERVE) by market capitalisation. Over the past 30 days, USD3 is ahead by 0.5 percentage points (LIQUIDRESERVE +0.4% against USD3 +0.8%). Their daily returns move barely in opposite directions (correlation -0.02 across 29 shared trading days). USD3 has been the more volatile of the two, at 12% annualised against LIQUIDRESERVE's 1%.

Correlation: -0.02
Size ratio: 1 : 43.7
Ahead over 30 days: USD3

EtherFi Liquid ReserveLIQUIDRESERVE

$1.0380

24h: +0.01%
Market cap: $2.66M
Volume 24h: —
Volatility (ann.): 1%

3Jane USD3USD3

$1.2000

24h: +0.29%
Market cap: $116.06M
Volume 24h: $183,337
Volatility (ann.): 12%

LIQUIDRESERVE 2.2%Share of the two combined market caps97.8% USD3

Performance

LIQUIDRESERVEUSD3

7 days+0.10%+0.00%LIQUIDRESERVE
30 days+0.39%+0.84%USD3

Correlation

-0.02over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0290d: 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	LIQUIDRESERVE	USD3
Max drawdown (400d)	0.0%	-0.8%
Risk-adjusted return (90d)	0.61	0.22

Relative strength over 90 days: USD3 outperformed LIQUIDRESERVE by 0.5% — measured on the LIQUIDRESERVE/USD3 ratio, so it holds regardless of market direction.

EtherFi Liquid Reserve →3Jane USD3 →