Glo Dollar vs crvUSD

crvUSD (CRVUSD) is 185.2× the size of Glo Dollar (USDGLO) by market capitalisation. Over the past 30 days, USDGLO is ahead by 0.0 percentage points (USDGLO -0.1% against CRVUSD -0.1%). Their daily returns move loosely together (correlation 0.52 across 26 shared trading days). USDGLO has been the more volatile of the two, at 4% annualised against CRVUSD's 1%.

Correlation: 0.52
Size ratio: 1 : 185.2
Ahead over 30 days: USDGLO

Glo DollarUSDGLO

$0.997993

24h: +1.45%
Market cap: $840,555
Volume 24h: $5,505
Volatility (ann.): 4%

crvUSDCRVUSD

$0.999982

24h: +0.08%
Market cap: $155.66M
Volume 24h: $34.15M
Volatility (ann.): 1%

USDGLO 0.5%Share of the two combined market caps99.5% CRVUSD

Performance

USDGLOCRVUSD

7 days-0.69%+0.04%CRVUSD
30 days-0.08%-0.09%USDGLO

Correlation

0.52over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5290d: 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	USDGLO	CRVUSD
Max drawdown (400d)	-1.0%	-0.3%
Risk-adjusted return (90d)	-0.04	0.00

Relative strength over 90 days: CRVUSD outperformed USDGLO by 0.0% — measured on the USDGLO/CRVUSD ratio, so it holds regardless of market direction.

Glo Dollar →crvUSD →