Sherwood vs Tether
Tether (USDT) is 834454.8× the size of Sherwood (SHERWOOD) by market capitalisation. Over the past 30 days, USDT is ahead by 68.7 percentage points (SHERWOOD -68.7% against USDT +0.0%). SHERWOOD has been the more volatile of the two, at 486% annualised against USDT's 0%.
Performance
| Period | SHERWOOD | USDT | Ahead |
|---|---|---|---|
| 7 days | -8.97% | -0.01% | USDT |
| 30 days | -68.74% | +0.00% | USDT |
Risk & extremes
| Metric | SHERWOOD | USDT |
|---|---|---|
| Max drawdown (400d) | -72.6% | -0.0% |
| Risk-adjusted return (90d) | -0.14 | 0.20 |
Relative strength over 90 days: USDT outperformed SHERWOOD by 68.3% — measured on the SHERWOOD/USDT ratio, so it holds regardless of market direction.