Midas Fasanara Global vs Midas mF-ONE

Midas mF-ONE (MF-ONE) is 1.9× the size of Midas Fasanara Global (MGLOBAL) by market capitalisation. Over the past 30 days, MGLOBAL is ahead by 0.2 percentage points (MGLOBAL +1.1% against MF-ONE +0.9%). Their daily returns move loosely together (correlation 0.49 across 55 shared trading days). Both have run at a similar volatility, around 2% annualised.

Correlation: 0.49
Size ratio: 1 : 1.9
Ahead over 30 days: MGLOBAL

Midas Fasanara GlobalMGLOBAL

$1.0280

24h: +0.00%
Market cap: $34.28M
Volume 24h: —
Volatility (ann.): 2%

Midas mF-ONEMF-ONE

$1.1300

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

MGLOBAL 34.4%Share of the two combined market caps65.6% MF-ONE

Performance

MGLOBALMF-ONE

7 days+0.00%+0.00%MGLOBAL
30 days+1.08%+0.89%MGLOBAL

Correlation

0.49over 55 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6390d: 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	MGLOBAL	MF-ONE
Max drawdown (400d)	0.0%	0.0%
Risk-adjusted return (90d)	0.68	0.38

Relative strength over 90 days: MGLOBAL outperformed MF-ONE by 0.8% — measured on the MGLOBAL/MF-ONE ratio, so it holds regardless of market direction.

Midas Fasanara Global →Midas mF-ONE →