Spiko Amundi Overnight Swap Fund (CHF) vs Spiko Amundi Overnight Swap Fund (EUR)

Spiko Amundi Overnight Swap Fund (EUR) (EURSAFO) is 148.5× the size of Spiko Amundi Overnight Swap Fund (CHF) (CHFSAFO) by market capitalisation. Over the past 30 days, EURSAFO is ahead by 0.7 percentage points (CHFSAFO -3.2% against EURSAFO -2.6%). Their daily returns move loosely together (correlation 0.57 across 20 shared trading days). Both have run at a similar volatility, around 10% annualised.

Correlation: 0.57
Size ratio: 1 : 148.5
Ahead over 30 days: EURSAFO

Spiko Amundi Overnight Swap Fund (CHF)CHFSAFO

$1.2300

24h: +0.60%
Market cap: $12.64M
Volume 24h: —
Volatility (ann.): 10%

Spiko Amundi Overnight Swap Fund (EUR)EURSAFO

$1.1400

24h: +0.65%
Market cap: $1.88B
Volume 24h: —
Volatility (ann.): 10%

CHFSAFO 0.7%Share of the two combined market caps99.3% EURSAFO

Performance

CHFSAFOEURSAFO

7 days-0.83%+0.88%EURSAFO
30 days-3.23%-2.56%EURSAFO

Correlation

0.57over 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	CHFSAFO	EURSAFO
Max drawdown (400d)	-3.2%	-4.2%
Risk-adjusted return (90d)	-0.33	-0.27

Relative strength over 90 days: EURSAFO outperformed CHFSAFO by 0.7% — measured on the CHFSAFO/EURSAFO ratio, so it holds regardless of market direction.

Spiko Amundi Overnight Swap Fund (CHF) →Spiko Amundi Overnight Swap Fund (EUR) →