Threshold USD vs USDS

USDS (USDS) is 18548.0× the size of Threshold USD (THUSD) by market capitalisation. Over the past 90 days, THUSD is ahead by 0.0 percentage points (THUSD +0.0% against USDS +0.0%). Their daily returns move barely together (correlation 0.19 across 32 shared trading days). THUSD has been the more volatile of the two, at 4% annualised against USDS's 1%.

Correlation: 0.19
Size ratio: 1 : 18548.0
Ahead over 90 days: THUSD

Threshold USDTHUSD

$1.0010

24h: —
Market cap: $516,856
Volume 24h: —
Volatility (ann.): 4%

USDSUSDS

$1.0008

24h: +0.00%
Market cap: $9.59B
Volume 24h: $259.59M
Volatility (ann.): 1%

THUSD 0.0%Share of the two combined market caps100.0% USDS

Performance

THUSDUSDS

7 days+0.23%+0.00%THUSD
30 days+0.07%+0.07%THUSD
90 days+0.03%+0.00%THUSD

Correlation

0.19over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2090d: 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	THUSD	USDS
Max drawdown (400d)	-1.3%	-0.4%
Risk-adjusted return (90d)	0.01	0.00

Relative strength over 90 days: THUSD outperformed USDS by 0.4% — measured on the THUSD/USDS ratio, so it holds regardless of market direction.

Threshold USD →USDS →