Ondo US Dollar Yield vs Janus Henderson Anemoy Treasury Fund

Ondo US Dollar Yield (USDY) is 24.6× the size of Janus Henderson Anemoy Treasury Fund (JTRSY) by market capitalisation. Over the past 30 days, USDY is ahead by 0.0 percentage points (USDY +0.0% against JTRSY +0.0%). Their daily returns move barely in opposite directions (correlation -0.01 across 60 shared trading days). USDY has been the more volatile of the two, at 6% annualised against JTRSY's 2%.

Correlation: -0.01
Size ratio: 24.6×
Ahead over 30 days: USDY

Ondo US Dollar YieldUSDY

$1.1500

24h: -0.20%
Market cap: $2.39B
Volume 24h: $3.91M
Volatility (ann.): 6%

Janus Henderson Anemoy Treasury FundJTRSY

$1.1200

24h: +0.00%
Market cap: $97.31M
Volume 24h: —
Volatility (ann.): 2%

USDY 96.1%Share of the two combined market caps3.9% JTRSY

Performance

USDYJTRSY

7 days+0.00%+0.00%USDY
30 days+0.00%+0.00%USDY

Correlation

-0.01over 60 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	USDY	JTRSY
Max drawdown (400d)	-0.9%	0.0%
Risk-adjusted return (90d)	0.15	0.40

Relative strength over 90 days: JTRSY outperformed USDY by 0.0% — measured on the USDY/JTRSY ratio, so it holds regardless of market direction.

Ondo US Dollar Yield →Janus Henderson Anemoy Treasury Fund →