Circle USYC vs Janus Henderson Anemoy Treasury Fund

Circle USYC (USYC) is 23.0× the size of Janus Henderson Anemoy Treasury Fund (JTRSY) by market capitalisation. Over the past 30 days, USYC is ahead by 0.0 percentage points (USYC +0.0% against JTRSY +0.0%). Their daily returns move barely in opposite directions (correlation -0.02 across 57 shared trading days). Both have run at a similar volatility, around 2% annualised.

Correlation: -0.02
Size ratio: 23.0×
Ahead over 30 days: USYC

Circle USYCUSYC

$1.1400

24h: +0.01%
Market cap: $2.24B
Volume 24h: —
Volatility (ann.): 2%

Janus Henderson Anemoy Treasury FundJTRSY

$1.1200

24h: +0.01%
Market cap: $97.28M
Volume 24h: —
Volatility (ann.): 2%

USYC 95.8%Share of the two combined market caps4.2% JTRSY

Performance

USYCJTRSY

7 days+0.00%+0.00%USYC
30 days+0.00%+0.00%USYC

Correlation

-0.02over 57 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	USYC	JTRSY
Max drawdown (400d)	0.0%	0.0%
Risk-adjusted return (90d)	0.39	0.40

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

Circle USYC →Janus Henderson Anemoy Treasury Fund →