OpenAI PreStocks vs Ondo US Dollar Yield

Ondo US Dollar Yield (USDY) is 637.1× the size of OpenAI PreStocks (OPENAI) by market capitalisation. Over the past 30 days, OPENAI is ahead by 24.2 percentage points (OPENAI +25.1% against USDY +0.9%). Their daily returns move barely in opposite directions (correlation -0.17 across 31 shared trading days). OPENAI has been the more volatile of the two, at 155% annualised against USDY's 6%.

Correlation: -0.17
Size ratio: 1 : 637.1
Ahead over 30 days: OPENAI

OpenAI PreStocksOPENAI

$1,972.19

24h: -9.65%
Market cap: $3.75M
Volume 24h: $858,752
Volatility (ann.): 155%

Ondo US Dollar YieldUSDY

$1.1500

24h: +0.09%
Market cap: $2.39B
Volume 24h: $2.39M
Volatility (ann.): 6%

OPENAI 0.2%Share of the two combined market caps99.8% USDY

Performance

OPENAIUSDY

7 days-7.28%+0.00%USDY
30 days+25.13%+0.88%OPENAI

Correlation

-0.17over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1790d: 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	OPENAI	USDY
Max drawdown (400d)	-28.4%	-0.9%
Risk-adjusted return (90d)	0.24	0.15

Relative strength over 90 days: OPENAI outperformed USDY by 36.4% — measured on the OPENAI/USDY ratio, so it holds regardless of market direction.

OpenAI PreStocks →Ondo US Dollar Yield →