Midas mF-ONE vs Midas mHYPER

Midas mF-ONE (MF-ONE) is 2.0× the size of Midas mHYPER (MHYPER) by market capitalisation. Over the past 30 days, MF-ONE is ahead by 0.0 percentage points (MF-ONE +0.9% against MHYPER +0.9%). Their daily returns move barely in opposite directions (correlation -0.03 across 48 shared trading days). MHYPER has been the more volatile of the two, at 3% annualised against MF-ONE's 2%.

Correlation: -0.03
Size ratio: 2.0×
Ahead over 30 days: MF-ONE

Midas mF-ONEMF-ONE

$1.1300

24h: +0.03%
Market cap: $61.11M
Volume 24h: —
Volatility (ann.): 2%

Midas mHYPERMHYPER

$1.1400

24h: +0.00%
Market cap: $31.04M
Volume 24h: —
Volatility (ann.): 3%

MF-ONE 66.3%Share of the two combined market caps33.7% MHYPER

Performance

MF-ONEMHYPER

7 days+0.00%+0.00%MF-ONE
30 days+0.89%+0.88%MF-ONE

Correlation

-0.03over 48 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0390d: 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	MF-ONE	MHYPER
Max drawdown (400d)	0.0%	0.0%
Risk-adjusted return (90d)	0.39	0.54

Relative strength over 90 days: MHYPER outperformed MF-ONE by 0.9% — measured on the MF-ONE/MHYPER ratio, so it holds regardless of market direction.

Midas mF-ONE →Midas mHYPER →