USDu vs Re Protocol reUSD

Re Protocol reUSD (REUSD) is 7.1× the size of USDu (USDU) by market capitalisation. Over the past 30 days, REUSD is ahead by 1.0 percentage points (USDU -0.1% against REUSD +0.9%). Their daily returns move barely together (correlation 0.10 across 48 shared trading days). REUSD has been the more volatile of the two, at 2% annualised against USDU's 1%.

Correlation: 0.10
Size ratio: 1 : 7.1
Ahead over 30 days: REUSD

USDuUSDU

$0.998279

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

Re Protocol reUSDREUSD

$1.1100

24h: +0.06%
Market cap: $372.47M
Volume 24h: $4.43M
Volatility (ann.): 2%

USDU 12.3%Share of the two combined market caps87.7% REUSD

Performance

USDUREUSD

7 days-0.02%+0.00%REUSD
30 days-0.12%+0.91%REUSD

Correlation

0.10over 48 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1690d: 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	REUSD
Max drawdown (400d)	-0.2%	-0.1%
Risk-adjusted return (90d)	-0.17	0.53

Relative strength over 90 days: REUSD outperformed USDU by 1.4% — measured on the USDU/REUSD ratio, so it holds regardless of market direction.

USDu →Re Protocol reUSD →