Sovryn Dollar vs Falcon USD

Falcon USD (USDF) is 2844.7× the size of Sovryn Dollar (DLLR) by market capitalisation. Over the past 30 days, USDF is ahead by 2.1 percentage points (DLLR -2.6% against USDF -0.5%). Their daily returns move loosely in opposite directions (correlation -0.46 across 20 shared trading days). DLLR has been the more volatile of the two, at 30% annualised against USDF's 1%.

Correlation: -0.46
Size ratio: 1 : 2844.7
Ahead over 30 days: USDF

Sovryn DollarDLLR

$1.0120

24h: +0.82%
Market cap: $643,636
Volume 24h: $754
Volatility (ann.): 30%

Falcon USDUSDF

$0.992722

24h: +0.05%
Market cap: $1.83B
Volume 24h: $810,099
Volatility (ann.): 1%

DLLR 0.0%Share of the two combined market caps100.0% USDF

Performance

DLLRUSDF

7 days-2.04%-0.30%USDF
30 days-2.60%-0.48%USDF

Correlation

-0.46over 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	DLLR	USDF
Max drawdown (400d)	-6.7%	-0.6%
Risk-adjusted return (90d)	-0.09	-0.39

Relative strength over 90 days: USDF outperformed DLLR by 1.6% — measured on the DLLR/USDF ratio, so it holds regardless of market direction.

Sovryn Dollar →Falcon USD →