UXD Stablecoin vs USDD

USDD (USDD) is 5012.4× the size of UXD Stablecoin (UXD) by market capitalisation. Over the past 30 days, UXD is ahead by 0.0 percentage points (UXD -0.1% against USDD -0.1%). Their daily returns move barely in opposite directions (correlation -0.04 across 24 shared trading days). USDD has been the more volatile of the two, at 2% annualised against UXD's 0%.

Correlation: -0.04
Size ratio: 1 : 5012.4
Ahead over 30 days: UXD

UXD StablecoinUXD

$1.0000

24h: +0.05%
Market cap: $297,763
Volume 24h: $510
Volatility (ann.): 0%

USDDUSDD

$0.998620

24h: +0.01%
Market cap: $1.49B
Volume 24h: $1.83M
Volatility (ann.): 2%

UXD 0.0%Share of the two combined market caps100.0% USDD

Performance

UXDUSDD

7 days-0.00%-0.04%UXD
30 days-0.06%-0.10%UXD

Correlation

-0.04over 24 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	UXD	USDD
Max drawdown (400d)	-0.1%	-0.4%
Risk-adjusted return (90d)	-0.14	-0.07

Relative strength over 90 days: USDD outperformed UXD by 0.1% — measured on the UXD/USDD ratio, so it holds regardless of market direction.

UXD Stablecoin →USDD →