Inverse Finance vs Bitway

Bitway (BTW) is 204.7× the size of Inverse Finance (INV) by market capitalisation. Over the past 30 days, BTW is ahead by 30.7 percentage points (INV +14.7% against BTW +45.5%). Their daily returns move loosely together (correlation 0.60 across 33 shared trading days). BTW has been the more volatile of the two, at 362% annualised against INV's 60%.

Correlation: 0.60
Size ratio: 1 : 204.7
Ahead over 30 days: BTW

Inverse FinanceINV

$10.4300

24h: +0.50%
Market cap: $7.45M
Volume 24h: $12,753
Volatility (ann.): 60%

BitwayBTW

$1.0130

24h: +5.30%
Market cap: $1.53B
Volume 24h: $6.34M
Volatility (ann.): 362%

INV 0.5%Share of the two combined market caps99.5% BTW

Performance

INVBTW

7 days-5.17%-40.12%INV
30 days+14.72%+45.45%BTW

Correlation

0.60over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6090d: 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	INV	BTW
Max drawdown (400d)	-12.9%	-60.7%
Risk-adjusted return (90d)	0.13	0.48

Relative strength over 90 days: BTW outperformed INV by 53.8% — measured on the INV/BTW ratio, so it holds regardless of market direction.

Inverse Finance →Bitway →