Unity USD vs Tori trUSD

Unity USD (UUSD) is 1.4× the size of Tori trUSD (TRUSD) by market capitalisation. Over the past 30 days, TRUSD is ahead by 0.6 percentage points (UUSD -0.6% against TRUSD -0.0%). Their daily returns move barely together (correlation 0.05 across 54 shared trading days). UUSD has been the more volatile of the two, at 5% annualised against TRUSD's 1%.

Correlation: 0.05
Size ratio: 1.4×
Ahead over 30 days: TRUSD

Unity USDUUSD

$0.998754

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

Tori trUSDTRUSD

$0.999039

24h: -0.04%
Market cap: $72.93M
Volume 24h: $1.58M
Volatility (ann.): 1%

UUSD 57.8%Share of the two combined market caps42.2% TRUSD

Performance

UUSDTRUSD

7 days-0.04%+0.03%TRUSD
30 days-0.61%-0.05%TRUSD

Correlation

0.05over 54 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2390d: 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	TRUSD
Max drawdown (400d)	-0.9%	-0.2%
Risk-adjusted return (90d)	-0.02	-0.07

Relative strength over 90 days: UUSD outperformed TRUSD by 0.1% — measured on the UUSD/TRUSD ratio, so it holds regardless of market direction.

Unity USD →Tori trUSD →