USDu vs apyUSD

apyUSD (APYUSD) is 2.9× the size of USDu (USDU) by market capitalisation. Over the past 30 days, APYUSD is ahead by 3.8 percentage points (USDU -0.1% against APYUSD +3.6%). Their daily returns move barely together (correlation 0.01 across 49 shared trading days). APYUSD has been the more volatile of the two, at 14% annualised against USDU's 1%.

Correlation: 0.01
Size ratio: 1 : 2.9
Ahead over 30 days: APYUSD

USDuUSDU

$0.998279

24h: -0.01%
Market cap: $52.48M
Volume 24h: $19,832
Volatility (ann.): 1%

apyUSDAPYUSD

$1.4200

24h: -0.15%
Market cap: $152.87M
Volume 24h: $1.69M
Volatility (ann.): 14%

USDU 25.6%Share of the two combined market caps74.4% APYUSD

Performance

USDUAPYUSD

7 days-0.02%+0.71%APYUSD
30 days-0.12%+3.65%APYUSD

Correlation

0.01over 49 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0290d: 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	USDU	APYUSD
Max drawdown (400d)	-0.2%	-2.8%
Risk-adjusted return (90d)	-0.17	0.62

Relative strength over 90 days: APYUSD outperformed USDU by 5.0% — measured on the USDU/APYUSD ratio, so it holds regardless of market direction.

USDu →apyUSD →