Reserve AI Power DTF vs Tether

Tether (USDT) is 103641.8× the size of Reserve AI Power DTF (POWER) by market capitalisation. Over the past 30 days, POWER is ahead by 4.3 percentage points (POWER +4.3% against USDT -0.0%). Their daily returns move barely together (correlation 0.20 across 20 shared trading days). POWER has been the more volatile of the two, at 39% annualised against USDT's 1%.

Correlation: 0.20
Size ratio: 1 : 103641.8
Ahead over 30 days: POWER

Reserve AI Power DTFPOWER

$84.6900

24h: +5.45%
Market cap: $1.72M
Volume 24h: $56,366
Volatility (ann.): 39%

TetherUSDT

$0.999398

24h: +0.04%
Market cap: $178.26B
Volume 24h: $64.34B
Volatility (ann.): 1%

POWER 0.0%Share of the two combined market caps100.0% USDT

Performance

POWERUSDT

7 days-1.19%+0.03%USDT
30 days+4.29%-0.04%POWER

Correlation

0.20over 20 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	POWER	USDT
Max drawdown (400d)	-9.5%	-0.2%
Risk-adjusted return (90d)	0.11	0.03

Relative strength over 90 days: POWER outperformed USDT by 4.3% — measured on the POWER/USDT ratio, so it holds regardless of market direction.

Reserve AI Power DTF →Tether →