YieldFi yToken vs Bitway

Bitway (BTW) is 152.8× the size of YieldFi yToken (YUSD) by market capitalisation. Over the past 30 days, YUSD is ahead by 3521.4 percentage points (YUSD +3594.7% against BTW +73.4%). Their daily returns move barely in opposite directions (correlation -0.21 across 23 shared trading days). YUSD has been the more volatile of the two, at 12335% annualised against BTW's 365%.

Correlation: -0.21
Size ratio: 1 : 152.8
Ahead over 30 days: YUSD

YieldFi yTokenYUSD

$0.998454

24h: +0.00%
Market cap: $10.86M
Volume 24h: —
Volatility (ann.): 12335%

BitwayBTW

$1.1000

24h: +11.57%
Market cap: $1.66B
Volume 24h: $5.86M
Volatility (ann.): 365%

YUSD 0.7%Share of the two combined market caps99.3% BTW

Performance

YUSDBTW

7 days+3594.71%-44.93%YUSD
30 days+3594.71%+73.36%YUSD

Correlation

-0.21over 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	YUSD	BTW
Max drawdown (400d)	0.0%	-60.7%
Risk-adjusted return (90d)	0.29	0.43

Relative strength over 90 days: YUSD outperformed BTW by 1591.0% — measured on the YUSD/BTW ratio, so it holds regardless of market direction.

YieldFi yToken →Bitway →