Midas Fasanara Global Open vs Midas mF-ONE

Midas Fasanara Global Open (MGLO) is 2.9× the size of Midas mF-ONE (MF-ONE) by market capitalisation. Over the past 30 days, MGLO is ahead by 0.2 percentage points (MGLO +1.1% against MF-ONE +0.9%). Their daily returns move closely together (correlation 0.77 across 55 shared trading days). MF-ONE has been the more volatile of the two, at 2% annualised against MGLO's 2%.

Correlation: 0.77
Size ratio: 2.9×
Ahead over 30 days: MGLO

Midas Fasanara Global OpenMGLO

$1.0110

24h: +0.00%
Market cap: $188.95M
Volume 24h: —
Volatility (ann.): 2%

Midas mF-ONEMF-ONE

$1.1300

24h: +0.03%
Market cap: $65.45M
Volume 24h: —
Volatility (ann.): 2%

MGLO 74.3%Share of the two combined market caps25.7% MF-ONE

Performance

MGLOMF-ONE

7 days+0.00%+0.00%MGLO
30 days+1.10%+0.89%MGLO

Correlation

0.77over 55 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7690d: 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	MGLO	MF-ONE
Max drawdown (400d)	0.0%	0.0%
Risk-adjusted return (90d)	0.55	0.38

Relative strength over 90 days: MGLO outperformed MF-ONE by 0.2% — measured on the MGLO/MF-ONE ratio, so it holds regardless of market direction.

Midas Fasanara Global Open →Midas mF-ONE →