Midas Re7 Ethereum vs Midas mHYPER

Midas mHYPER (MHYPER) is 2.6× the size of Midas Re7 Ethereum (MRE7ETH) by market capitalisation. Over the past 30 days, MRE7ETH is ahead by 7.3 percentage points (MRE7ETH +8.2% against MHYPER +0.9%). Their daily returns move barely in opposite directions (correlation -0.08 across 29 shared trading days). MRE7ETH has been the more volatile of the two, at 48% annualised against MHYPER's 3%.

Correlation: -0.08
Size ratio: 1 : 2.6
Ahead over 30 days: MRE7ETH

Midas Re7 EthereumMRE7ETH

$2,291.56

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

Midas mHYPERMHYPER

$1.1400

24h: +0.18%
Market cap: $29.05M
Volume 24h: —
Volatility (ann.): 3%

MRE7ETH 27.4%Share of the two combined market caps72.6% MHYPER

Performance

MRE7ETHMHYPER

7 days-4.20%+0.00%MHYPER
30 days+8.21%+0.88%MRE7ETH

Correlation

-0.08over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0890d: 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	MHYPER
Max drawdown (400d)	-5.4%	0.0%
Risk-adjusted return (90d)	0.17	0.53

Relative strength over 90 days: MRE7ETH outperformed MHYPER by 7.3% — measured on the MRE7ETH/MHYPER ratio, so it holds regardless of market direction.

Midas Re7 Ethereum →Midas mHYPER →