Midas mAPOLLO vs Midas mEDGE

Midas mAPOLLO (MAPOLLO) is 17.9× the size of Midas mEDGE (MEDGE) by market capitalisation. Over the past 30 days, MAPOLLO is ahead by 0.0 percentage points (MAPOLLO +0.9% against MEDGE +0.9%). Their daily returns move barely in opposite directions (correlation -0.04 across 30 shared trading days). Both have run at a similar volatility, around 3% annualised.

Correlation: -0.04
Size ratio: 17.9×
Ahead over 30 days: MAPOLLO

Midas mAPOLLOMAPOLLO

$1.1300

24h: +0.00%
Market cap: $8.95M
Volume 24h: —
Volatility (ann.): 3%

Midas mEDGEMEDGE

$1.1500

24h: +0.00%
Market cap: $499,243
Volume 24h: —
Volatility (ann.): 3%

MAPOLLO 94.7%Share of the two combined market caps5.3% MEDGE

Performance

MAPOLLOMEDGE

7 days+0.00%+0.00%MAPOLLO
30 days+0.90%+0.88%MAPOLLO

Correlation

-0.04over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0490d: 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	MAPOLLO	MEDGE
Max drawdown (400d)	0.0%	0.0%
Risk-adjusted return (90d)	0.29	0.29

Relative strength over 90 days: MAPOLLO outperformed MEDGE by 0.0% — measured on the MAPOLLO/MEDGE ratio, so it holds regardless of market direction.

Midas mAPOLLO →Midas mEDGE →