Midas mEDGE vs Midas mRe7YIELD

Midas mRe7YIELD (MRE7YIELD) is 16.5× the size of Midas mEDGE (MEDGE) by market capitalisation. Over the past 30 days, MEDGE is ahead by 5.7 percentage points (MEDGE +0.9% against MRE7YIELD -4.8%). Their daily returns move barely in opposite directions (correlation -0.05 across 30 shared trading days). MRE7YIELD has been the more volatile of the two, at 17% annualised against MEDGE's 3%.

Correlation: -0.05
Size ratio: 1 : 16.5
Ahead over 30 days: MEDGE

Midas mEDGEMEDGE

$1.1500

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

Midas mRe7YIELDMRE7YIELD

$1.0840

24h: +0.00%
Market cap: $8.21M
Volume 24h: —
Volatility (ann.): 17%

MEDGE 5.7%Share of the two combined market caps94.3% MRE7YIELD

Performance

MEDGEMRE7YIELD

7 days+0.00%-5.00%MEDGE
30 days+0.88%-4.82%MEDGE

Correlation

-0.05over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0590d: 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	MRE7YIELD
Max drawdown (400d)	0.0%	-5.0%
Risk-adjusted return (90d)	0.29	-0.29

Relative strength over 90 days: MEDGE outperformed MRE7YIELD by 0.7% — measured on the MEDGE/MRE7YIELD ratio, so it holds regardless of market direction.

Midas mEDGE →Midas mRe7YIELD →