USDD vs Falcon USD

Falcon USD (USDF) is 1.2× the size of USDD (USDD) by market capitalisation. Over the past 30 days, USDD is ahead by 0.3 percentage points (USDD -0.1% against USDF -0.4%). Their daily returns move barely together (correlation 0.08 across 59 shared trading days). USDD has been the more volatile of the two, at 2% annualised against USDF's 1%.

Correlation: 0.08
Size ratio: 1 : 1.2
Ahead over 30 days: USDD

USDDUSDD

$0.997256

24h: -0.05%
Market cap: $1.49B
Volume 24h: $2.09M
Volatility (ann.): 2%

Falcon USDUSDF

$0.992956

24h: +0.12%
Market cap: $1.83B
Volume 24h: $778,206
Volatility (ann.): 1%

USDD 44.8%Share of the two combined market caps55.2% USDF

Performance

USDDUSDF

7 days-0.04%-0.24%USDD
30 days-0.10%-0.39%USDD

Correlation

0.08over 59 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1790d: 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	USDD	USDF
Max drawdown (400d)	-0.4%	-0.6%
Risk-adjusted return (90d)	-0.07	-0.31

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

USDD →Falcon USD →