Freedom Dollar vs USDD

USDD (USDD) is 123.3× the size of Freedom Dollar (FUSD) by market capitalisation. Over the past 30 days, USDD is ahead by 0.2 percentage points (FUSD -0.3% against USDD -0.1%). Their daily returns move barely together (correlation 0.10 across 22 shared trading days). USDD has been the more volatile of the two, at 2% annualised against FUSD's 1%.

Correlation: 0.10
Size ratio: 1 : 123.3
Ahead over 30 days: USDD

Freedom DollarFUSD

$0.998796

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

USDDUSDD

$0.998337

24h: -0.04%
Market cap: $1.48B
Volume 24h: $2.03M
Volatility (ann.): 2%

FUSD 0.8%Share of the two combined market caps99.2% USDD

Performance

FUSDUSDD

7 days-0.34%+0.11%USDD
30 days-0.34%-0.14%USDD

Correlation

0.10over 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	USDD
Max drawdown (400d)	-0.3%	-0.4%
Risk-adjusted return (90d)	-0.51	-0.15

Relative strength over 90 days: USDD outperformed FUSD by 0.2% — measured on the FUSD/USDD ratio, so it holds regardless of market direction.

Freedom Dollar →USDD →