Tangent USG vs USDD

USDD (USDD) is 384.5× the size of Tangent USG (USG) by market capitalisation. Over the past 30 days, USG is ahead by 0.3 percentage points (USG +0.1% against USDD -0.1%). Their daily returns move loosely in opposite directions (correlation -0.39 across 23 shared trading days). USG has been the more volatile of the two, at 9% annualised against USDD's 2%.

Correlation: -0.39
Size ratio: 1 : 384.5
Ahead over 30 days: USG

Tangent USGUSG

$0.994156

24h: +0.03%
Market cap: $3.85M
Volume 24h: $27,647
Volatility (ann.): 9%

USDDUSDD

$0.997617

24h: -0.02%
Market cap: $1.48B
Volume 24h: $2.30M
Volatility (ann.): 2%

USG 0.3%Share of the two combined market caps99.7% USDD

Performance

USGUSDD

7 days-0.08%+0.11%USDD
30 days+0.12%-0.14%USG

Correlation

-0.39over 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	USG	USDD
Max drawdown (400d)	-1.9%	-0.4%
Risk-adjusted return (90d)	0.00	-0.15

Relative strength over 90 days: USG outperformed USDD by 0.0% — measured on the USG/USDD ratio, so it holds regardless of market direction.

Tangent USG →USDD →