Janus Henderson Anemoy Treasury Fund vs Ondo US Dollar Yield

Ondo US Dollar Yield (USDY) is 24.6× the size of Janus Henderson Anemoy Treasury Fund (JTRSY) by market capitalisation. Over the past 30 days, JTRSY is ahead by 0.0 percentage points (JTRSY +0.0% against USDY +0.0%). Their daily returns move barely in opposite directions (correlation -0.01 across 58 shared trading days). USDY has been the more volatile of the two, at 6% annualised against JTRSY's 2%.

Correlation: -0.01
Size ratio: 1 : 24.6
Ahead over 30 days: JTRSY

Janus Henderson Anemoy Treasury FundJTRSY

$1.1200

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

Ondo US Dollar YieldUSDY

$1.1500

24h: -0.12%
Market cap: $2.40B
Volume 24h: $4.00M
Volatility (ann.): 6%

JTRSY 3.9%Share of the two combined market caps96.1% USDY

Performance

JTRSYUSDY

7 days+0.00%+0.00%JTRSY
30 days+0.00%+0.00%JTRSY

Correlation

-0.01over 58 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	JTRSY	USDY
Max drawdown (400d)	0.0%	-0.9%
Risk-adjusted return (90d)	0.40	0.15

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

Janus Henderson Anemoy Treasury Fund →Ondo US Dollar Yield →