Wrapped iTRY vs Re Protocol reUSD

Re Protocol reUSD (REUSD) is 57.2× the size of Wrapped iTRY (WITRY) by market capitalisation. Over the past 30 days, WITRY is ahead by 0.1 percentage points (WITRY +1.0% against REUSD +0.9%). Their daily returns move barely in opposite directions (correlation -0.13 across 22 shared trading days). WITRY has been the more volatile of the two, at 4% annualised against REUSD's 2%.

Correlation: -0.13
Size ratio: 1 : 57.2
Ahead over 30 days: WITRY

Wrapped iTRYWITRY

$0.024157

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

Re Protocol reUSDREUSD

$1.1100

24h: +0.10%
Market cap: $372.60M
Volume 24h: $6.79M
Volatility (ann.): 2%

WITRY 1.7%Share of the two combined market caps98.3% REUSD

Performance

WITRYREUSD

7 days+0.16%+0.00%WITRY
30 days+0.97%+0.91%WITRY

Correlation

-0.13over 22 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	REUSD
Max drawdown (400d)	-0.8%	-0.1%
Risk-adjusted return (90d)	0.24	0.53

Relative strength over 90 days: WITRY outperformed REUSD by 0.7% — measured on the WITRY/REUSD ratio, so it holds regardless of market direction.

Wrapped iTRY →Re Protocol reUSD →