Midas mEDGE vs Midas mAPOLLO

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 (MEDGE +0.9% against MAPOLLO +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: 1 : 17.9
Ahead over 30 days: MAPOLLO

Midas mEDGEMEDGE

$1.1500

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

Midas mAPOLLOMAPOLLO

$1.1300

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

MEDGE 5.3%Share of the two combined market caps94.7% MAPOLLO

Performance

MEDGEMAPOLLO

7 days+0.00%+0.00%MEDGE
30 days+0.88%+0.90%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	MEDGE	MAPOLLO
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 MEDGE/MAPOLLO ratio, so it holds regardless of market direction.

Midas mEDGE →Midas mAPOLLO →