OpenEden OpenDollar vs YLDS

YLDS (YLDS) is 38.0× the size of OpenEden OpenDollar (USDO) by market capitalisation. Over the past 30 days, YLDS is ahead by 0.0 percentage points (USDO -0.1% against YLDS -0.0%). Their daily returns move barely together (correlation 0.35 across 29 shared trading days). USDO has been the more volatile of the two, at 13512% annualised against YLDS's 0%.

Correlation: 0.35
Size ratio: 1 : 38.0
Ahead over 30 days: YLDS

OpenEden OpenDollarUSDO

$0.996950

24h: —
Market cap: $12.72M
Volume 24h: $133
Volatility (ann.): 13512%

YLDSYLDS

$0.999341

24h: +0.07%
Market cap: $482.79M
Volume 24h: $8.57M
Volatility (ann.): 0%

USDO 2.6%Share of the two combined market caps97.4% YLDS

Performance

USDOYLDS

7 days-97.66%+0.03%YLDS
30 days-0.06%-0.05%YLDS

Correlation

0.35over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3590d: 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	USDO	YLDS
Max drawdown (400d)	-97.7%	-0.1%
Risk-adjusted return (90d)	0.00	0.04

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

OpenEden OpenDollar →YLDS →