Strata Senior USDat vs Strata Junior USDat

Strata Senior USDat (SRUSDAT) is 4.6× the size of Strata Junior USDat (JRUSDAT) by market capitalisation. Over the past 30 days, JRUSDAT is ahead by 11.1 percentage points (SRUSDAT +0.7% against JRUSDAT +11.8%). Their daily returns move barely together (correlation 0.11 across 29 shared trading days). JRUSDAT has been the more volatile of the two, at 48% annualised against SRUSDAT's 1%.

Correlation: 0.11
Size ratio: 4.6×
Ahead over 30 days: JRUSDAT

Strata Senior USDatSRUSDAT

$1.0400

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

Strata Junior USDatJRUSDAT

$0.544529

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

SRUSDAT 82.1%Share of the two combined market caps17.9% JRUSDAT

Performance

SRUSDATJRUSDAT

7 days+0.19%+2.44%JRUSDAT
30 days+0.68%+11.82%JRUSDAT

Correlation

0.11over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1190d: 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	JRUSDAT
Max drawdown (400d)	0.0%	-11.4%
Risk-adjusted return (90d)	0.85	0.25

Relative strength over 90 days: JRUSDAT outperformed SRUSDAT by 8.8% — measured on the SRUSDAT/JRUSDAT ratio, so it holds regardless of market direction.

Strata Senior USDat →Strata Junior USDat →