META [Old] vs Tether

META [Old] (META) and Tether (USDT) compared side by side. Over the past 30 days, USDT is ahead by 27.8 percentage points (META -27.8% against USDT -0.0%). Their daily returns move barely together (correlation 0.22 across 20 shared trading days). META has been the more volatile of the two, at 65% annualised against USDT's 1%.

Correlation: 0.22
Ahead over 30 days: USDT

META [Old]META

$4,317.04

24h: -3.65%
Market cap: —
Volume 24h: $791
Volatility (ann.): 65%

TetherUSDT

$0.999398

24h: +0.04%
Market cap: $178.26B
Volume 24h: $64.34B
Volatility (ann.): 1%

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

Performance

METAUSDT

7 days-9.54%+0.03%USDT
30 days-27.84%-0.04%USDT

Correlation

0.22over 20 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	META	USDT
Max drawdown (400d)	-31.9%	-0.2%
Risk-adjusted return (90d)	-0.43	0.03

Relative strength over 90 days: USDT outperformed META by 24.2% — measured on the META/USDT ratio, so it holds regardless of market direction.

META [Old] →Tether →