Midas mHYPER vs Midas mAPOLLO

Midas mHYPER (MHYPER) is 3.5× the size of Midas mAPOLLO (MAPOLLO) by market capitalisation. Over the past 30 days, MAPOLLO is ahead by 0.0 percentage points (MHYPER +0.9% against MAPOLLO +0.9%). Their daily returns move barely in opposite directions (correlation -0.04 across 29 shared trading days). Both have run at a similar volatility, around 3% annualised.

Correlation: -0.04
Size ratio: 3.5×
Ahead over 30 days: MAPOLLO

Midas mHYPERMHYPER

$1.1400

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

Midas mAPOLLOMAPOLLO

$1.1300

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

MHYPER 77.6%Share of the two combined market caps22.4% MAPOLLO

Performance

MHYPERMAPOLLO

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

Correlation

-0.04over 29 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	MHYPER	MAPOLLO
Max drawdown (400d)	0.0%	0.0%
Risk-adjusted return (90d)	0.53	0.29

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

Midas mHYPER →Midas mAPOLLO →