Unity USD vs Felix feUSD

Unity USD (UUSD) is 1.3× the size of Felix feUSD (FEUSD) by market capitalisation. Over the past 30 days, FEUSD is ahead by 0.6 percentage points (UUSD -0.6% against FEUSD +0.0%). Their daily returns move barely together (correlation 0.30 across 56 shared trading days). UUSD has been the more volatile of the two, at 5% annualised against FEUSD's 4%.

Correlation: 0.30
Size ratio: 1.3×
Ahead over 30 days: FEUSD

Unity USDUUSD

$0.998754

24h: +0.05%
Market cap: $99.88M
Volume 24h: $2.13M
Volatility (ann.): 5%

Felix feUSDFEUSD

$0.998045

24h: +0.13%
Market cap: $74.86M
Volume 24h: $40,710
Volatility (ann.): 4%

UUSD 57.2%Share of the two combined market caps42.8% FEUSD

Performance

UUSDFEUSD

7 days-0.04%-0.12%UUSD
30 days-0.61%+0.03%FEUSD

Correlation

0.30over 56 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1390d: 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	UUSD	FEUSD
Max drawdown (400d)	-0.9%	-1.0%
Risk-adjusted return (90d)	-0.02	0.02

Relative strength over 90 days: FEUSD outperformed UUSD by 0.2% — measured on the UUSD/FEUSD ratio, so it holds regardless of market direction.

Unity USD →Felix feUSD →