SuperReturn sSuperUSD vs crvUSD

crvUSD (CRVUSD) is 2036.0× the size of SuperReturn sSuperUSD (SSUPERUSD) by market capitalisation. Over the past 30 days, SSUPERUSD is ahead by 0.6 percentage points (SSUPERUSD +0.5% against CRVUSD -0.1%). Their daily returns move barely in opposite directions (correlation -0.03 across 21 shared trading days). SSUPERUSD has been the more volatile of the two, at 7% annualised against CRVUSD's 1%.

Correlation: -0.03
Size ratio: 1 : 2036.0
Ahead over 30 days: SSUPERUSD

SuperReturn sSuperUSDSSUPERUSD

$1.0690

24h: -2.26%
Market cap: $76,477
Volume 24h: $22
Volatility (ann.): 7%

crvUSDCRVUSD

$0.999988

24h: +0.08%
Market cap: $155.71M
Volume 24h: $34.32M
Volatility (ann.): 1%

SSUPERUSD 0.0%Share of the two combined market caps100.0% CRVUSD

Performance

SSUPERUSDCRVUSD

7 days-0.18%+0.04%CRVUSD
30 days+0.46%-0.09%SSUPERUSD

Correlation

-0.03over 21 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	SSUPERUSD	CRVUSD
Max drawdown (400d)	-0.9%	-0.3%
Risk-adjusted return (90d)	0.06	0.00

Relative strength over 90 days: SSUPERUSD outperformed CRVUSD by 0.8% — measured on the SSUPERUSD/CRVUSD ratio, so it holds regardless of market direction.

SuperReturn sSuperUSD →crvUSD →