Monetrix USD vs USDD

USDD (USDD) is 481.0× the size of Monetrix USD (USDM) by market capitalisation. Over the past 30 days, USDM is ahead by 0.5 percentage points (USDM +0.4% against USDD -0.1%). Their daily returns move barely in opposite directions (correlation -0.26 across 30 shared trading days). USDM has been the more volatile of the two, at 5% annualised against USDD's 2%.

Correlation: -0.26
Size ratio: 1 : 481.0
Ahead over 30 days: USDM

Monetrix USDUSDM

$1.0000

24h: +0.11%
Market cap: $3.07M
Volume 24h: $81,294
Volatility (ann.): 5%

USDDUSDD

$0.998516

24h: +0.01%
Market cap: $1.48B
Volume 24h: $1.82M
Volatility (ann.): 2%

USDM 0.2%Share of the two combined market caps99.8% USDD

Performance

USDMUSDD

7 days-0.07%+0.11%USDD
30 days+0.36%-0.14%USDM

Correlation

-0.26over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2690d: 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	USDM	USDD
Max drawdown (400d)	-0.8%	-0.4%
Risk-adjusted return (90d)	0.04	-0.15

Relative strength over 90 days: USDM outperformed USDD by 0.4% — measured on the USDM/USDD ratio, so it holds regardless of market direction.

Monetrix USD →USDD →