Tether (USDT) is 5661005.4× the size of Zeusshield (ZSC) by market capitalisation. Their daily returns move closely in opposite directions (correlation -0.77 across 37 shared trading days). ZSC has been the more volatile of the two, at 473% annualised against USDT's 1%.
ZSCUSDT
-0.77over 37 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 | ZSC | USDT |
|---|---|---|
| Max drawdown (400d) | -90.9% | -0.2% |
| Risk-adjusted return (90d) | -0.10 | 0.03 |
Relative strength over 90 days: USDT outperformed ZSC by 84.2% — measured on the ZSC/USDT ratio, so it holds regardless of market direction.