Soil vs Spiko Amundi Overnight Swap Fund (EUR)

Spiko Amundi Overnight Swap Fund (EUR) (EURSAFO) is 194.4× the size of Soil (SOIL) by market capitalisation. Over the past 30 days, SOIL is ahead by 31.4 percentage points (SOIL +28.9% against EURSAFO -2.6%). Their daily returns move loosely in opposite directions (correlation -0.41 across 32 shared trading days). SOIL has been the more volatile of the two, at 77% annualised against EURSAFO's 10%.

Correlation: -0.41
Size ratio: 1 : 194.4
Ahead over 30 days: SOIL

SoilSOIL

$0.123654

24h: -1.07%
Market cap: $9.63M
Volume 24h: $32,832
Volatility (ann.): 77%

Spiko Amundi Overnight Swap Fund (EUR)EURSAFO

$1.1400

24h: +0.41%
Market cap: $1.87B
Volume 24h: —
Volatility (ann.): 10%

SOIL 0.5%Share of the two combined market caps99.5% EURSAFO

Performance

SOILEURSAFO

7 days-2.96%+0.88%EURSAFO
30 days+28.86%-2.56%SOIL

Correlation

-0.41over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.4190d: 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	SOIL	EURSAFO
Max drawdown (400d)	-6.8%	-4.2%
Risk-adjusted return (90d)	0.37	-0.27

Relative strength over 90 days: SOIL outperformed EURSAFO by 31.7% — measured on the SOIL/EURSAFO ratio, so it holds regardless of market direction.

Soil →Spiko Amundi Overnight Swap Fund (EUR) →