EURØP vs EURC

EURC (EURC) is 33.3× the size of EURØP (EUROP) by market capitalisation. Over the past 30 days, EUROP is ahead by 1.7 percentage points (EUROP -1.7% against EURC -3.4%). Their daily returns move very closely together (correlation 1.00 across 22 shared trading days). EURC has been the more volatile of the two, at 7% annualised against EUROP's 4%.

Correlation: 1.00
Size ratio: 1 : 33.3
Ahead over 30 days: EUROP

EURØPEUROP

$1.1200

24h: +0.35%
Market cap: $15.44M
Volume 24h: $1.78M
Volatility (ann.): 4%

EURCEURC

$1.1300

24h: +0.64%
Market cap: $513.54M
Volume 24h: $44.61M
Volatility (ann.): 7%

EUROP 2.9%Share of the two combined market caps97.1% EURC

Performance

EUROPEURC

7 days-0.87%+0.90%EURC
30 days-1.72%-3.45%EUROP

Correlation

1.00over 22 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	EUROP	EURC
Max drawdown (400d)	-1.7%	-5.1%
Risk-adjusted return (90d)	-0.41	-0.49

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

EURØP →EURC →