Hedera Swiss Franc vs AllUnity CHF

AllUnity CHF (CHFAU) is 246.4× the size of Hedera Swiss Franc (HCHF) by market capitalisation. Over the past 30 days, CHFAU is ahead by 14.3 percentage points (HCHF -14.3% against CHFAU +0.0%). Their daily returns move barely together (correlation 0.10 across 21 shared trading days). HCHF has been the more volatile of the two, at 48% annualised against CHFAU's 9%.

Correlation: 0.10
Size ratio: 1 : 246.4
Ahead over 30 days: CHFAU

Hedera Swiss FrancHCHF

$1.2000

24h: +1.07%
Market cap: $166,737
Volume 24h: $209
Volatility (ann.): 48%

AllUnity CHFCHFAU

$1.2200

24h: +0.04%
Market cap: $41.08M
Volume 24h: $1,701
Volatility (ann.): 9%

HCHF 0.4%Share of the two combined market caps99.6% CHFAU

Performance

HCHFCHFAU

7 days-5.79%+1.65%CHFAU
30 days-14.29%+0.00%CHFAU

Correlation

0.10over 21 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	HCHF	CHFAU
Max drawdown (400d)	-16.4%	-4.0%
Risk-adjusted return (90d)	-0.30	-0.19

Relative strength over 90 days: CHFAU outperformed HCHF by 1.3% — measured on the HCHF/CHFAU ratio, so it holds regardless of market direction.

Hedera Swiss Franc →AllUnity CHF →