MIL vs Tether

Tether (USDT) is 39406.9× the size of MIL (MIL) by market capitalisation. Over the past 30 days, USDT is ahead by 99.7 percentage points (MIL -99.8% against USDT -0.1%). Their daily returns move closely together (correlation 0.67 across 24 shared trading days). MIL has been the more volatile of the two, at 346% annualised against USDT's 1%.

Correlation: 0.67
Size ratio: 1 : 39406.9
Ahead over 30 days: USDT

MILMIL

$0.003723

24h: -0.48%
Market cap: $4.52M
Volume 24h: $15,244
Volatility (ann.): 346%

TetherUSDT

$0.998845

24h: +0.01%
Market cap: $178.17B
Volume 24h: $49.77B
Volatility (ann.): 1%

MIL 0.0%Share of the two combined market caps100.0% USDT

Performance

MILUSDT

7 days-99.82%+0.03%USDT
30 days-99.82%-0.08%USDT

Correlation

0.67over 24 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	MIL	USDT
Max drawdown (400d)	-99.8%	-0.2%
Risk-adjusted return (90d)	-0.29	-0.03

Relative strength over 90 days: USDT outperformed MIL by 99.8% — measured on the MIL/USDT ratio, so it holds regardless of market direction.

MIL →Tether →