JETT CRYPTO vs Tether

Tether (USDT) is 4995.8× the size of JETT CRYPTO (JETT) by market capitalisation. Over the past 30 days, JETT is ahead by 22.2 percentage points (JETT +22.1% against USDT -0.1%). Their daily returns move loosely together (correlation 0.38 across 42 shared trading days). JETT has been the more volatile of the two, at 81% annualised against USDT's 1%.

Correlation: 0.38
Size ratio: 1 : 4995.8
Ahead over 30 days: JETT

JETT CRYPTOJETT

$0.713552

24h: +2.97%
Market cap: $35.68M
Volume 24h: $83,197
Volatility (ann.): 81%

TetherUSDT

$0.999249

24h: +0.04%
Market cap: $178.24B
Volume 24h: $59.40B
Volatility (ann.): 1%

JETT 0.0%Share of the two combined market caps100.0% USDT

Performance

JETTUSDT

7 days+22.41%+0.03%JETT
30 days+22.13%-0.08%JETT

Correlation

0.38over 42 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3790d: 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	JETT	USDT
Max drawdown (400d)	-17.7%	-0.2%
Risk-adjusted return (90d)	0.34	-0.03

Relative strength over 90 days: JETT outperformed USDT by 28.1% — measured on the JETT/USDT ratio, so it holds regardless of market direction.

JETT CRYPTO →Tether →