Streamex GLDY vs Ondo US Dollar Yield

Ondo US Dollar Yield (USDY) is 196.4× the size of Streamex GLDY (GLDY) by market capitalisation. Over the past 30 days, USDY is ahead by 6.3 percentage points (GLDY -6.3% against USDY +0.0%). Their daily returns move barely in opposite directions (correlation -0.33 across 22 shared trading days). GLDY has been the more volatile of the two, at 20% annualised against USDY's 6%.

Correlation: -0.33
Size ratio: 1 : 196.4
Ahead over 30 days: USDY

Streamex GLDYGLDY

$3,955.79

24h: +0.02%
Market cap: $12.17M
Volume 24h: —
Volatility (ann.): 20%

Ondo US Dollar YieldUSDY

$1.1500

24h: -0.15%
Market cap: $2.39B
Volume 24h: $3.98M
Volatility (ann.): 6%

GLDY 0.5%Share of the two combined market caps99.5% USDY

Performance

GLDYUSDY

7 days-4.06%+0.00%USDY
30 days-6.33%+0.00%USDY

Correlation

-0.33over 22 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	GLDY	USDY
Max drawdown (400d)	-6.8%	-0.9%
Risk-adjusted return (90d)	-0.32	0.15

Relative strength over 90 days: USDY outperformed GLDY by 7.2% — measured on the GLDY/USDY ratio, so it holds regardless of market direction.

Streamex GLDY →Ondo US Dollar Yield →