Toto Finance vs Spiko Amundi Overnight Swap Fund (EUR)

Spiko Amundi Overnight Swap Fund (EUR) (EURSAFO) is 1364.7× the size of Toto Finance (TOTO) by market capitalisation. Over the past 30 days, TOTO is ahead by 73.5 percentage points (TOTO +70.9% against EURSAFO -2.6%). Their daily returns move barely together (correlation 0.08 across 22 shared trading days). TOTO has been the more volatile of the two, at 587% annualised against EURSAFO's 10%.

Correlation: 0.08
Size ratio: 1 : 1364.7
Ahead over 30 days: TOTO

Toto FinanceTOTO

$0.003962

24h: -1.87%
Market cap: $1.37M
Volume 24h: $476
Volatility (ann.): 587%

Spiko Amundi Overnight Swap Fund (EUR)EURSAFO

$1.1400

24h: +0.57%
Market cap: $1.88B
Volume 24h: —
Volatility (ann.): 10%

TOTO 0.1%Share of the two combined market caps99.9% EURSAFO

Performance

TOTOEURSAFO

7 days-4.52%+0.88%EURSAFO
30 days+70.93%-2.56%TOTO

Correlation

0.08over 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	TOTO	EURSAFO
Max drawdown (400d)	-44.0%	-4.2%
Risk-adjusted return (90d)	0.28	-0.27

Relative strength over 90 days: EURSAFO outperformed TOTO by 43.0% — measured on the TOTO/EURSAFO ratio, so it holds regardless of market direction.

Toto Finance →Spiko Amundi Overnight Swap Fund (EUR) →