Midas mHYPER vs Midas mRe7YIELD

Midas mHYPER (MHYPER) is 3.8× the size of Midas mRe7YIELD (MRE7YIELD) by market capitalisation. Over the past 30 days, MHYPER is ahead by 5.7 percentage points (MHYPER +0.9% against MRE7YIELD -4.8%). Their daily returns move closely in opposite directions (correlation -0.69 across 31 shared trading days). MRE7YIELD has been the more volatile of the two, at 17% annualised against MHYPER's 3%.

Correlation: -0.69
Size ratio: 3.8×
Ahead over 30 days: MHYPER

Midas mHYPERMHYPER

$1.1400

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

Midas mRe7YIELDMRE7YIELD

$1.0840

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

MHYPER 79.1%Share of the two combined market caps20.9% MRE7YIELD

Performance

MHYPERMRE7YIELD

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

Correlation

-0.69over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.6990d: 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	MRE7YIELD
Max drawdown (400d)	0.0%	-5.0%
Risk-adjusted return (90d)	0.53	-0.29

Relative strength over 90 days: MHYPER outperformed MRE7YIELD by 6.9% — measured on the MHYPER/MRE7YIELD ratio, so it holds regardless of market direction.

Midas mHYPER →Midas mRe7YIELD →