HYDT vs USDD

USDD (USDD) is 17890.9× the size of HYDT (HYDT) by market capitalisation. Over the past 30 days, USDD is ahead by 0.0 percentage points (HYDT -0.1% against USDD -0.1%). Their daily returns move barely together (correlation 0.03 across 24 shared trading days). USDD has been the more volatile of the two, at 2% annualised against HYDT's 1%.

Correlation: 0.03
Size ratio: 1 : 17890.9
Ahead over 30 days: USDD

HYDTHYDT

$0.930797

24h: -0.20%
Market cap: $83,152
Volume 24h: $476
Volatility (ann.): 1%

USDDUSDD

$0.999105

24h: +0.06%
Market cap: $1.49B
Volume 24h: $1.65M
Volatility (ann.): 2%

HYDT 0.0%Share of the two combined market caps100.0% USDD

Performance

HYDTUSDD

7 days-0.07%-0.04%USDD
30 days-0.15%-0.10%USDD

Correlation

0.03over 24 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	HYDT	USDD
Max drawdown (400d)	-0.2%	-0.4%
Risk-adjusted return (90d)	-0.21	-0.07

Relative strength over 90 days: USDD outperformed HYDT by 0.1% — measured on the HYDT/USDD ratio, so it holds regardless of market direction.

HYDT →USDD →