Famous Fox Federation vs Tether

Famous Fox Federation (FOXY) and Tether (USDT) compared side by side. Over the past 30 days, FOXY is ahead by 14.6 percentage points (FOXY +14.5% against USDT -0.1%). Their daily returns move barely in opposite directions (correlation -0.13 across 20 shared trading days). FOXY has been the more volatile of the two, at 96% annualised against USDT's 1%.

Correlation: -0.13
Ahead over 30 days: FOXY

Famous Fox FederationFOXY

$0.000810

24h: +0.15%
Market cap: —
Volume 24h: $111
Volatility (ann.): 96%

TetherUSDT

$0.999372

24h: +0.02%
Market cap: $178.26B
Volume 24h: $62.78B
Volatility (ann.): 1%

FOXY 0.0%Share of the two combined market caps100.0% USDT

Performance

FOXYUSDT

7 days-11.82%+0.03%USDT
30 days+14.48%-0.08%FOXY

Correlation

-0.13over 20 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	FOXY	USDT
Max drawdown (400d)	-24.5%	-0.2%
Risk-adjusted return (90d)	0.15	-0.03

Relative strength over 90 days: USDT outperformed FOXY by 19.2% — measured on the FOXY/USDT ratio, so it holds regardless of market direction.

Famous Fox Federation →Tether →