Dai (DAI) is 60.8× the size of USDsui (USDSUI) by market capitalisation. Over the past 30 days, DAI is ahead by 0.1 percentage points (USDSUI -0.1% against DAI +0.0%). Their daily returns move barely together (correlation 0.22 across 24 shared trading days). USDSUI has been the more volatile of the two, at 3% annualised against DAI's 1%.
USDSUIDAI
0.22over 24 shared trading days
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.
| Metric | USDSUI | DAI |
|---|---|---|
| Max drawdown (400d) | -0.6% | -0.1% |
| Risk-adjusted return (90d) | -0.04 | 0.03 |
Relative strength over 90 days: DAI outperformed USDSUI by 0.1% — measured on the USDSUI/DAI ratio, so it holds regardless of market direction.