Wrapped iTRY vs apyUSD

apyUSD (APYUSD) is 23.5× the size of Wrapped iTRY (WITRY) by market capitalisation. Over the past 30 days, APYUSD is ahead by 2.7 percentage points (WITRY +1.0% against APYUSD +3.6%). Their daily returns move barely in opposite directions (correlation -0.00 across 23 shared trading days). APYUSD has been the more volatile of the two, at 14% annualised against WITRY's 4%.

Correlation: -0.00
Size ratio: 1 : 23.5
Ahead over 30 days: APYUSD

Wrapped iTRYWITRY

$0.024157

24h: -0.03%
Market cap: $6.52M
Volume 24h: —
Volatility (ann.): 4%

apyUSDAPYUSD

$1.4200

24h: +0.40%
Market cap: $152.85M
Volume 24h: $1.03M
Volatility (ann.): 14%

WITRY 4.1%Share of the two combined market caps95.9% APYUSD

Performance

WITRYAPYUSD

7 days+0.16%+0.71%APYUSD
30 days+0.97%+3.65%APYUSD

Correlation

-0.00over 23 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	WITRY	APYUSD
Max drawdown (400d)	-0.8%	-2.8%
Risk-adjusted return (90d)	0.24	0.62

Relative strength over 90 days: APYUSD outperformed WITRY by 2.6% — measured on the WITRY/APYUSD ratio, so it holds regardless of market direction.

Wrapped iTRY →apyUSD →