Midas mMEV vs Midas mRe7YIELD

Midas mRe7YIELD (MRE7YIELD) is 5.6× the size of Midas mMEV (MMEV) by market capitalisation. Over the past 30 days, MMEV is ahead by 6.6 percentage points (MMEV +1.8% against MRE7YIELD -4.8%). Their daily returns move barely in opposite directions (correlation -0.05 across 30 shared trading days). MMEV has been the more volatile of the two, at 184% annualised against MRE7YIELD's 17%.

Correlation: -0.05
Size ratio: 1 : 5.6
Ahead over 30 days: MMEV

Midas mMEVMMEV

$1.1600

24h: +0.11%
Market cap: $1.47M
Volume 24h: —
Volatility (ann.): 184%

Midas mRe7YIELDMRE7YIELD

$1.0840

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

MMEV 15.2%Share of the two combined market caps84.8% MRE7YIELD

Performance

MMEVMRE7YIELD

7 days+0.87%-5.00%MMEV
30 days+1.75%-4.82%MMEV

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	MMEV	MRE7YIELD
Max drawdown (400d)	-30.1%	-5.0%
Risk-adjusted return (90d)	0.01	-0.29

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

Midas mMEV →Midas mRe7YIELD →