QUBI Tokenized RWA vs Spiko Amundi Overnight Swap Fund (EUR)

Spiko Amundi Overnight Swap Fund (EUR) (EURSAFO) is 63288.7× the size of QUBI Tokenized RWA ($QBIT) by market capitalisation. Over the past 30 days, EURSAFO is ahead by 30.4 percentage points ($QBIT -33.0% against EURSAFO -2.6%). Their daily returns move barely in opposite directions (correlation -0.17 across 24 shared trading days). $QBIT has been the more volatile of the two, at 114% annualised against EURSAFO's 9%.

Correlation: -0.17
Size ratio: 1 : 63288.7
Ahead over 30 days: EURSAFO

QUBI Tokenized RWA$QBIT

$3.024e-5

24h: —
Market cap: $30,231
Volume 24h: $2
Volatility (ann.): 114%

Spiko Amundi Overnight Swap Fund (EUR)EURSAFO

$1.1400

24h: -0.49%
Market cap: $1.91B
Volume 24h: —
Volatility (ann.): 9%

$QBIT 0.0%Share of the two combined market caps100.0% EURSAFO

Performance

$QBITEURSAFO

7 days-24.67%+0.00%EURSAFO
30 days-32.98%-2.56%EURSAFO

Correlation

-0.17over 24 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	$QBIT	EURSAFO
Max drawdown (400d)	-33.3%	-4.2%
Risk-adjusted return (90d)	-0.28	-0.27

Relative strength over 90 days: EURSAFO outperformed $QBIT by 23.0% — measured on the $QBIT/EURSAFO ratio, so it holds regardless of market direction.

QUBI Tokenized RWA →Spiko Amundi Overnight Swap Fund (EUR) →