Inter Stable Token (IST) and crvUSD (CRVUSD) compared side by side. Over the past 30 days, CRVUSD is ahead by 0.3 percentage points (IST -0.3% against CRVUSD -0.1%). Their daily returns move barely together (correlation 0.29 across 21 shared trading days). IST has been the more volatile of the two, at 17% annualised against CRVUSD's 1%.
ISTCRVUSD
0.29over 21 shared trading days
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.
| Metric | IST | CRVUSD |
|---|---|---|
| Max drawdown (400d) | -2.3% | -0.3% |
| Risk-adjusted return (90d) | -0.02 | 0.00 |
Relative strength over 90 days: CRVUSD outperformed IST by 0.9% — measured on the IST/CRVUSD ratio, so it holds regardless of market direction.