Freedom Dollar vs Falcon USD

Falcon USD (USDF) is 152.6× the size of Freedom Dollar (FUSD) by market capitalisation. Over the past 30 days, FUSD is ahead by 0.1 percentage points (FUSD -0.3% against USDF -0.5%). Their daily returns move barely together (correlation 0.03 across 22 shared trading days). USDF has been the more volatile of the two, at 1% annualised against FUSD's 1%.

Correlation: 0.03
Size ratio: 1 : 152.6
Ahead over 30 days: FUSD

Freedom DollarFUSD

$0.998796

24h: +0.00%
Market cap: $11.99M
Volume 24h: $100,393
Volatility (ann.): 1%

Falcon USDUSDF

$0.992012

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

FUSD 0.7%Share of the two combined market caps99.3% USDF

Performance

FUSDUSDF

7 days-0.34%-0.30%USDF
30 days-0.34%-0.48%FUSD

Correlation

0.03over 22 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	FUSD	USDF
Max drawdown (400d)	-0.3%	-0.6%
Risk-adjusted return (90d)	-0.51	-0.39

Relative strength over 90 days: USDF outperformed FUSD by 0.3% — measured on the FUSD/USDF ratio, so it holds regardless of market direction.

Freedom Dollar →Falcon USD →