Midas mRe7YIELD vs apyUSD

apyUSD (APYUSD) is 18.6× the size of Midas mRe7YIELD (MRE7YIELD) by market capitalisation. Over the past 30 days, APYUSD is ahead by 8.5 percentage points (MRE7YIELD -4.8% against APYUSD +3.6%). Their daily returns move barely together (correlation 0.05 across 25 shared trading days). MRE7YIELD has been the more volatile of the two, at 17% annualised against APYUSD's 14%.

Correlation: 0.05
Size ratio: 1 : 18.6
Ahead over 30 days: APYUSD

Midas mRe7YIELDMRE7YIELD

$1.0840

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

apyUSDAPYUSD

$1.4200

24h: +0.10%
Market cap: $152.86M
Volume 24h: $1.69M
Volatility (ann.): 14%

MRE7YIELD 5.1%Share of the two combined market caps94.9% APYUSD

Performance

MRE7YIELDAPYUSD

7 days-5.00%+0.71%APYUSD
30 days-4.82%+3.65%APYUSD

Correlation

0.05over 25 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	MRE7YIELD	APYUSD
Max drawdown (400d)	-5.0%	-2.8%
Risk-adjusted return (90d)	-0.29	0.62

Relative strength over 90 days: APYUSD outperformed MRE7YIELD by 7.5% — measured on the MRE7YIELD/APYUSD ratio, so it holds regardless of market direction.

Midas mRe7YIELD →apyUSD →