Felix feUSD vs crvUSD

crvUSD (CRVUSD) is 2.1× the size of Felix feUSD (FEUSD) by market capitalisation. Over the past 30 days, FEUSD is ahead by 0.1 percentage points (FEUSD +0.0% against CRVUSD -0.1%). Their daily returns move barely together (correlation 0.05 across 55 shared trading days). FEUSD has been the more volatile of the two, at 4% annualised against CRVUSD's 1%.

Correlation: 0.05
Size ratio: 1 : 2.1
Ahead over 30 days: FEUSD

Felix feUSDFEUSD

$0.999658

24h: +0.18%
Market cap: $74.98M
Volume 24h: $44,597
Volatility (ann.): 4%

crvUSDCRVUSD

$0.999273

24h: +0.03%
Market cap: $155.18M
Volume 24h: $33.25M
Volatility (ann.): 1%

FEUSD 32.6%Share of the two combined market caps67.4% CRVUSD

Performance

FEUSDCRVUSD

7 days-0.12%+0.04%CRVUSD
30 days+0.03%-0.09%FEUSD

Correlation

0.05over 55 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	FEUSD	CRVUSD
Max drawdown (400d)	-1.0%	-0.3%
Risk-adjusted return (90d)	0.02	0.00

Relative strength over 90 days: FEUSD outperformed CRVUSD by 0.1% — measured on the FEUSD/CRVUSD ratio, so it holds regardless of market direction.

Felix feUSD →crvUSD →