iShares Core S&P Total US Stock Market ETF Tokenized Stock (Reality) vs Tether Gold

Tether Gold (XAUT) is 1772766.5× the size of iShares Core S&P Total US Stock Market ETF Tokenized Stock (Reality) (RITOT) by market capitalisation. Their daily returns move loosely together (correlation 0.54 across 26 shared trading days). XAUT has been the more volatile of the two, at 24% annualised against RITOT's 10%.

Correlation: 0.54
Size ratio: 1 : 1772766.5

iShares Core S&P Total US Stock Market ETF Tokenized Stock (Reality)RITOT

$164.8900

24h: —
Market cap: $1,869
Volume 24h: —
Volatility (ann.): 10%

Tether GoldXAUT

$4,098.99

24h: +2.70%
Market cap: $3.31B
Volume 24h: $324.71M
Volatility (ann.): 24%

RITOT 0.0%Share of the two combined market caps100.0% XAUT

Performance

RITOTXAUT

7 days-0.42%+0.05%XAUT
30 days+2.58%-2.08%RITOT
90 days—-4.40%—

Correlation

0.54over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5490d: 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	RITOT	XAUT
Max drawdown (400d)	-1.6%	-19.4%
Risk-adjusted return (90d)	0.25	-0.20

Relative strength over 90 days: RITOT outperformed XAUT by 6.8% — measured on the RITOT/XAUT ratio, so it holds regardless of market direction.

iShares Core S&P Total US Stock Market ETF Tokenized Stock (Reality) →Tether Gold →