Midas mHYPER vs Midas mF-ONE

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 (MHYPER +0.9% against MF-ONE +0.9%). Their daily returns move barely in opposite directions (correlation -0.03 across 47 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: 1 : 2.0
Ahead over 30 days: MF-ONE

Midas mHYPERMHYPER

$1.1400

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

Midas mF-ONEMF-ONE

$1.1300

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

MHYPER 33.7%Share of the two combined market caps66.3% MF-ONE

Performance

MHYPERMF-ONE

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

Correlation

-0.03over 47 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	MHYPER	MF-ONE
Max drawdown (400d)	0.0%	0.0%
Risk-adjusted return (90d)	0.53	0.38

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

Midas mHYPER →Midas mF-ONE →