Midas mRe7BTC vs Midas mRe7YIELD

Midas mRe7YIELD (MRE7YIELD) is 13.8× the size of Midas mRe7BTC (MRE7BTC) by market capitalisation. Over the past 30 days, MRE7BTC is ahead by 10.7 percentage points (MRE7BTC +5.9% against MRE7YIELD -4.8%). Their daily returns move barely in opposite directions (correlation -0.23 across 29 shared trading days). MRE7BTC has been the more volatile of the two, at 44% annualised against MRE7YIELD's 17%.

Correlation: -0.23
Size ratio: 1 : 13.8
Ahead over 30 days: MRE7BTC

Midas mRe7BTCMRE7BTC

$76,475

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

Midas mRe7YIELDMRE7YIELD

$1.0840

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

MRE7BTC 6.8%Share of the two combined market caps93.2% MRE7YIELD

Performance

MRE7BTCMRE7YIELD

7 days-1.03%-5.00%MRE7BTC
30 days+5.89%-4.82%MRE7BTC

Correlation

-0.23over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2390d: 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	MRE7YIELD
Max drawdown (400d)	-7.0%	-5.0%
Risk-adjusted return (90d)	0.13	-0.29

Relative strength over 90 days: MRE7BTC outperformed MRE7YIELD by 5.4% — measured on the MRE7BTC/MRE7YIELD ratio, so it holds regardless of market direction.

Midas mRe7BTC →Midas mRe7YIELD →