VulgarTycoon vs Tether

Tether (USDT) is 9044.4× the size of VulgarTycoon (VIN) by market capitalisation. Over the past 30 days, USDT is ahead by 17.3 percentage points (VIN -17.4% against USDT -0.1%). Their daily returns move barely together (correlation 0.32 across 33 shared trading days). VIN has been the more volatile of the two, at 105% annualised against USDT's 1%.

Correlation: 0.32
Size ratio: 1 : 9044.4
Ahead over 30 days: USDT

VulgarTycoonVIN

$1.1900

24h: +0.76%
Market cap: $19.70M
Volume 24h: $56,666
Volatility (ann.): 105%

TetherUSDT

$0.999061

24h: +0.04%
Market cap: $178.21B
Volume 24h: $49.47B
Volatility (ann.): 1%

VIN 0.0%Share of the two combined market caps100.0% USDT

Performance

VINUSDT

7 days-2.46%+0.03%USDT
30 days-17.36%-0.08%USDT

Correlation

0.32over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3390d: 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	VIN	USDT
Max drawdown (400d)	-31.1%	-0.2%
Risk-adjusted return (90d)	-0.07	-0.03

Relative strength over 90 days: USDT outperformed VIN by 7.0% — measured on the VIN/USDT ratio, so it holds regardless of market direction.

VulgarTycoon →Tether →