limUSD vs Ondo US Dollar Yield

Ondo US Dollar Yield (USDY) is 893.1× the size of limUSD (LIMUSD) by market capitalisation. Over the past 30 days, LIMUSD is ahead by 1.6 percentage points (LIMUSD +1.6% against USDY +0.0%). Their daily returns move loosely in opposite directions (correlation -0.40 across 25 shared trading days). LIMUSD has been the more volatile of the two, at 13% annualised against USDY's 6%.

Correlation: -0.40
Size ratio: 1 : 893.1
Ahead over 30 days: LIMUSD

limUSDLIMUSD

$1.0290

24h: —
Market cap: $2.68M
Volume 24h: —
Volatility (ann.): 13%

Ondo US Dollar YieldUSDY

$1.1500

24h: +0.12%
Market cap: $2.40B
Volume 24h: $2.78M
Volatility (ann.): 6%

LIMUSD 0.1%Share of the two combined market caps99.9% USDY

Performance

LIMUSDUSDY

7 days+0.88%+0.00%LIMUSD
30 days+1.57%+0.00%LIMUSD

Correlation

-0.40over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.4090d: 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	LIMUSD	USDY
Max drawdown (400d)	-2.9%	-0.9%
Risk-adjusted return (90d)	0.12	0.15

Relative strength over 90 days: LIMUSD outperformed USDY by 0.7% — measured on the LIMUSD/USDY ratio, so it holds regardless of market direction.

limUSD →Ondo US Dollar Yield →