Midas mRe7BTC vs Midas mF-ONE

Midas mF-ONE (MF-ONE) is 102.5× the size of Midas mRe7BTC (MRE7BTC) by market capitalisation. Over the past 30 days, MRE7BTC is ahead by 5.0 percentage points (MRE7BTC +5.9% against MF-ONE +0.9%). Their daily returns move barely together (correlation 0.29 across 23 shared trading days). MRE7BTC has been the more volatile of the two, at 44% annualised against MF-ONE's 2%.

Correlation: 0.29
Size ratio: 1 : 102.5
Ahead over 30 days: MRE7BTC

Midas mRe7BTCMRE7BTC

$76,475

24h: -0.27%
Market cap: $595,926
Volume 24h: —
Volatility (ann.): 44%

Midas mF-ONEMF-ONE

$1.1300

24h: +0.00%
Market cap: $61.09M
Volume 24h: —
Volatility (ann.): 2%

MRE7BTC 1.0%Share of the two combined market caps99.0% MF-ONE

Performance

MRE7BTCMF-ONE

7 days-1.03%+0.00%MF-ONE
30 days+5.89%+0.89%MRE7BTC

Correlation

0.29over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	MRE7BTC	MF-ONE
Max drawdown (400d)	-7.0%	0.0%
Risk-adjusted return (90d)	0.13	0.38

Relative strength over 90 days: MRE7BTC outperformed MF-ONE by 4.6% — measured on the MRE7BTC/MF-ONE ratio, so it holds regardless of market direction.

Midas mRe7BTC →Midas mF-ONE →