USDS (USDS) is 3874.2× the size of Vai (VAI) by market capitalisation. Their daily returns move barely together (correlation 0.12 across 40 shared trading days). VAI has been the more volatile of the two, at 2% annualised against USDS's 1%.
VAIUSDS
0.12over 40 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 | VAI | USDS |
|---|---|---|
| Max drawdown (400d) | -0.6% | -0.4% |
| Risk-adjusted return (90d) | -0.05 | 0.01 |
Relative strength over 90 days: USDS outperformed VAI by 0.2% — measured on the VAI/USDS ratio, so it holds regardless of market direction.