STBL USST vs USDS

USDS (USDS) is 4226.8× the size of STBL USST (USST) by market capitalisation. Over the past 90 days, USST is ahead by 0.4 percentage points (USST +0.4% against USDS +0.0%). Their daily returns move barely together (correlation 0.13 across 61 shared trading days). USST has been the more volatile of the two, at 10% annualised against USDS's 1%.

Correlation: 0.13
Size ratio: 1 : 4226.8
Ahead over 90 days: USST

STBL USSTUSST

$1.0000

24h: +0.01%
Market cap: $2.27M
Volume 24h: $158,326
Volatility (ann.): 10%

USDSUSDS

$1.0011

24h: +0.02%
Market cap: $9.58B
Volume 24h: $204.09M
Volatility (ann.): 1%

USST 0.0%Share of the two combined market caps100.0% USDS

Performance

USSTUSDS

7 days-0.01%-0.02%USST
30 days-0.01%+0.09%USDS
90 days+0.38%+0.01%USST

Correlation

0.13over 61 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3290d: 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	USST	USDS
Max drawdown (400d)	-2.9%	-0.4%
Risk-adjusted return (90d)	0.04	0.01

Relative strength over 90 days: USST outperformed USDS by 1.0% — measured on the USST/USDS ratio, so it holds regardless of market direction.

STBL USST →USDS →