Strata Junior USDat vs Galaxy USDT Quality

Galaxy USDT Quality (ETH:GUSDTQ) is 11.3× the size of Strata Junior USDat (JRUSDAT) by market capitalisation. Over the past 30 days, JRUSDAT is ahead by 11.5 percentage points (JRUSDAT +11.8% against ETH:GUSDTQ +0.3%). Their daily returns move barely together (correlation 0.10 across 28 shared trading days). JRUSDAT has been the more volatile of the two, at 48% annualised against ETH:GUSDTQ's 2%.

Correlation: 0.10
Size ratio: 1 : 11.3
Ahead over 30 days: JRUSDAT

Strata Junior USDatJRUSDAT

$0.544529

24h: +3.77%
Market cap: $957,937
Volume 24h: —
Volatility (ann.): 48%

Galaxy USDT QualityETH:GUSDTQ

$1.0180

24h: +0.02%
Market cap: $10.87M
Volume 24h: —
Volatility (ann.): 2%

JRUSDAT 8.1%Share of the two combined market caps91.9% ETH:GUSDTQ

Performance

JRUSDATETH:GUSDTQ

7 days+2.44%+0.10%JRUSDAT
30 days+11.82%+0.30%JRUSDAT

Correlation

0.10over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1090d: 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	JRUSDAT	ETH:GUSDTQ
Max drawdown (400d)	-11.4%	-0.2%
Risk-adjusted return (90d)	0.25	0.17

Relative strength over 90 days: JRUSDAT outperformed ETH:GUSDTQ by 7.5% — measured on the JRUSDAT/ETH:GUSDTQ ratio, so it holds regardless of market direction.

Strata Junior USDat →Galaxy USDT Quality →