NXUSD vs USDD

USDD (USDD) is 76.6× the size of NXUSD (NXUSD) by market capitalisation. Over the past 30 days, USDD is ahead by 3.4 percentage points (NXUSD -3.5% against USDD -0.1%). Their daily returns move barely in opposite directions (correlation -0.10 across 28 shared trading days). NXUSD has been the more volatile of the two, at 21% annualised against USDD's 2%.

Correlation: -0.10
Size ratio: 1 : 76.6
Ahead over 30 days: USDD

NXUSDNXUSD

$1.0140

24h: +2.29%
Market cap: $19.22M
Volume 24h: $6,820
Volatility (ann.): 21%

USDDUSDD

$0.997709

24h: +0.17%
Market cap: $1.47B
Volume 24h: $1.10M
Volatility (ann.): 2%

NXUSD 1.3%Share of the two combined market caps98.7% USDD

Performance

NXUSDUSDD

7 days-2.66%+0.11%USDD
30 days-3.53%-0.14%USDD

Correlation

-0.10over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1090d: 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	NXUSD	USDD
Max drawdown (400d)	-3.9%	-0.4%
Risk-adjusted return (90d)	-0.15	-0.15

Relative strength over 90 days: USDD outperformed NXUSD by 2.9% — measured on the NXUSD/USDD ratio, so it holds regardless of market direction.

NXUSD →USDD →