Sovryn Dollar vs USDD

USDD (USDD) is 2299.4× the size of Sovryn Dollar (DLLR) by market capitalisation. Over the past 30 days, USDD is ahead by 2.5 percentage points (DLLR -2.6% against USDD -0.1%). Their daily returns move barely together (correlation 0.34 across 20 shared trading days). DLLR has been the more volatile of the two, at 30% annualised against USDD's 2%.

Correlation: 0.34
Size ratio: 1 : 2299.4
Ahead over 30 days: USDD

Sovryn DollarDLLR

$1.0120

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

USDDUSDD

$0.997899

24h: +0.09%
Market cap: $1.48B
Volume 24h: $2.31M
Volatility (ann.): 2%

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

Performance

DLLRUSDD

7 days-2.04%+0.11%USDD
30 days-2.60%-0.14%USDD

Correlation

0.34over 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	USDD
Max drawdown (400d)	-6.7%	-0.4%
Risk-adjusted return (90d)	-0.09	-0.15

Relative strength over 90 days: USDD outperformed DLLR by 1.5% — measured on the DLLR/USDD ratio, so it holds regardless of market direction.

Sovryn Dollar →USDD →