Emerald Security Token vs Tether Gold
Tether Gold (XAUT) is 93.5× the size of Emerald Security Token (EMRL.D) by market capitalisation. Both have run at a similar volatility, around 12% annualised.
- Size ratio
- 1 : 93.5
Tether Gold (XAUT) is 93.5× the size of Emerald Security Token (EMRL.D) by market capitalisation. Both have run at a similar volatility, around 12% annualised.
EMRL.DXAUT
| Metric | EMRL.D | XAUT |
|---|---|---|
| Max drawdown (400d) | 0.0% | -19.4% |
| Risk-adjusted return (90d) | — | -0.36 |
Relative strength over 90 days: EMRL.D outperformed XAUT by 8.9% — measured on the EMRL.D/XAUT ratio, so it holds regardless of market direction.