Midas mBTC vs Midas mRe7BTC

Midas mBTC (MBTC) is 2.7× the size of Midas mRe7BTC (MRE7BTC) by market capitalisation. Over the past 30 days, MBTC is ahead by 0.1 percentage points (MBTC +6.0% against MRE7BTC +5.9%). Their daily returns move very closely together (correlation 1.00 across 31 shared trading days). Both have run at a similar volatility, around 44% annualised.

Correlation: 1.00
Size ratio: 2.7×
Ahead over 30 days: MBTC

Midas mBTCMBTC

$79,380

24h: -0.18%
Market cap: $1.60M
Volume 24h: —
Volatility (ann.): 44%

Midas mRe7BTCMRE7BTC

$76,475

24h: -0.27%
Market cap: $595,926
Volume 24h: —
Volatility (ann.): 44%

MBTC 72.9%Share of the two combined market caps27.1% MRE7BTC

Performance

MBTCMRE7BTC

7 days-1.02%-1.03%MBTC
30 days+5.98%+5.89%MBTC

Correlation

1.00over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 1.0090d: 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	MBTC	MRE7BTC
Max drawdown (400d)	-6.9%	-7.0%
Risk-adjusted return (90d)	0.14	0.13

Relative strength over 90 days: MBTC outperformed MRE7BTC by 0.1% — measured on the MBTC/MRE7BTC ratio, so it holds regardless of market direction.

Midas mBTC →Midas mRe7BTC →