Strata Senior USDat vs apyUSD

apyUSD (APYUSD) is 34.7× the size of Strata Senior USDat (SRUSDAT) by market capitalisation. Over the past 30 days, APYUSD is ahead by 3.0 percentage points (SRUSDAT +0.7% against APYUSD +3.6%). Their daily returns move loosely together (correlation 0.59 across 23 shared trading days). APYUSD has been the more volatile of the two, at 14% annualised against SRUSDAT's 1%.

Correlation: 0.59
Size ratio: 1 : 34.7
Ahead over 30 days: APYUSD

Strata Senior USDatSRUSDAT

$1.0400

24h: +0.02%
Market cap: $4.40M
Volume 24h: —
Volatility (ann.): 1%

apyUSDAPYUSD

$1.4200

24h: +0.18%
Market cap: $152.96M
Volume 24h: $1.63M
Volatility (ann.): 14%

SRUSDAT 2.8%Share of the two combined market caps97.2% APYUSD

Performance

SRUSDATAPYUSD

7 days+0.19%+0.71%APYUSD
30 days+0.68%+3.65%APYUSD

Correlation

0.59over 23 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	SRUSDAT	APYUSD
Max drawdown (400d)	0.0%	-2.8%
Risk-adjusted return (90d)	0.85	0.62

Relative strength over 90 days: APYUSD outperformed SRUSDAT by 2.9% — measured on the SRUSDAT/APYUSD ratio, so it holds regardless of market direction.

Strata Senior USDat →apyUSD →