US Dollar / Swiss Franc vs US Dollar / Brazilian Real

US Dollar / Swiss Franc (USD/CHF) and US Dollar / Brazilian Real (USD/BRL) compared side by side. Over the past 90 days, USD/BRL is ahead by 3.9 percentage points (USD/CHF +1.2% against USD/BRL +5.1%). Their daily returns move barely together (correlation 0.26 across 284 shared trading days). USD/BRL has been the more volatile of the two, at 17% annualised against USD/CHF's 8%.

Correlation: 0.26
Ahead over 90 days: USD/BRL

US Dollar / Swiss FrancUSD/CHF

$0.815480

24h: -0.54%
Market cap: —
Volume 24h: —
Volatility (ann.): 8%

US Dollar / Brazilian RealUSD/BRL

$5.4654

24h: -0.51%
Market cap: —
Volume 24h: —
Volatility (ann.): 17%

Performance

USD/CHFUSD/BRL

7 days-0.17%+7.65%USD/BRL
30 days-0.29%+6.60%USD/BRL
90 days+1.20%+5.06%USD/BRL

Correlation

0.26over 284 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0390d: 0.141y: 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	USD/CHF	USD/BRL
Max drawdown (400d)	-5.8%	-12.2%
Risk-adjusted return (90d)	0.15	0.23

Relative strength over 90 days: USD/BRL outperformed USD/CHF by 3.7% — measured on the USD/CHF/USD/BRL ratio, so it holds regardless of market direction.

US Dollar / Swiss Franc →US Dollar / Brazilian Real →