The Fedz FUSD vs Tori trUSD

Tori trUSD (TRUSD) is 48.1× the size of The Fedz FUSD (FUSD) by market capitalisation. Over the past 30 days, TRUSD is ahead by 0.4 percentage points (FUSD -0.4% against TRUSD -0.0%). Their daily returns move barely in opposite directions (correlation -0.03 across 32 shared trading days). FUSD has been the more volatile of the two, at 8% annualised against TRUSD's 1%.

Correlation: -0.03
Size ratio: 1 : 48.1
Ahead over 30 days: TRUSD

The Fedz FUSDFUSD

$0.947438

24h: -0.86%
Market cap: $1.53M
Volume 24h: $79
Volatility (ann.): 8%

Tori trUSDTRUSD

$0.999584

24h: +0.01%
Market cap: $73.39M
Volume 24h: $1.91M
Volatility (ann.): 1%

FUSD 2.0%Share of the two combined market caps98.0% TRUSD

Performance

FUSDTRUSD

7 days-0.01%-0.00%TRUSD
30 days-0.43%-0.02%TRUSD

Correlation

-0.03over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0490d: 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	TRUSD
Max drawdown (400d)	-1.8%	-0.2%
Risk-adjusted return (90d)	-0.11	-0.05

Relative strength over 90 days: TRUSD outperformed FUSD by 0.9% — measured on the FUSD/TRUSD ratio, so it holds regardless of market direction.

The Fedz FUSD →Tori trUSD →