Midas Re7 Ethereum vs Midas Fasanara Global

Midas Fasanara Global (MGLOBAL) is 3.1× the size of Midas Re7 Ethereum (MRE7ETH) by market capitalisation. Over the past 30 days, MRE7ETH is ahead by 7.1 percentage points (MRE7ETH +8.2% against MGLOBAL +1.1%). Their daily returns move barely together (correlation 0.15 across 25 shared trading days). MRE7ETH has been the more volatile of the two, at 48% annualised against MGLOBAL's 2%.

Correlation: 0.15
Size ratio: 1 : 3.1
Ahead over 30 days: MRE7ETH

Midas Re7 EthereumMRE7ETH

$2,291.56

24h: +0.29%
Market cap: $10.98M
Volume 24h: —
Volatility (ann.): 48%

Midas Fasanara GlobalMGLOBAL

$1.0280

24h: +0.00%
Market cap: $34.28M
Volume 24h: —
Volatility (ann.): 2%

MRE7ETH 24.3%Share of the two combined market caps75.7% MGLOBAL

Performance

MRE7ETHMGLOBAL

7 days-4.20%+0.00%MGLOBAL
30 days+8.21%+1.08%MRE7ETH

Correlation

0.15over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1590d: 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	MRE7ETH	MGLOBAL
Max drawdown (400d)	-5.4%	0.0%
Risk-adjusted return (90d)	0.17	0.68

Relative strength over 90 days: MRE7ETH outperformed MGLOBAL by 7.7% — measured on the MRE7ETH/MGLOBAL ratio, so it holds regardless of market direction.

Midas Re7 Ethereum →Midas Fasanara Global →