KraneShares SSE STAR Market 50 Index ETF Tokenized Stock (Reality) vs Tether Gold

Tether Gold (XAUT) is 20003.0× the size of KraneShares SSE STAR Market 50 Index ETF Tokenized Stock (Reality) (RKSTR) by market capitalisation. Their daily returns move loosely together (correlation 0.43 across 25 shared trading days). RKSTR has been the more volatile of the two, at 40% annualised against XAUT's 24%.

Correlation: 0.43
Size ratio: 1 : 20003.0

KraneShares SSE STAR Market 50 Index ETF Tokenized Stock (Reality)RKSTR

$18.1100

24h: +8.62%
Market cap: $164,612
Volume 24h: $53,587
Volatility (ann.): 40%

Tether GoldXAUT

$4,074.58

24h: +0.66%
Market cap: $3.29B
Volume 24h: $413.59M
Volatility (ann.): 24%

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

Performance

RKSTRXAUT

7 days-7.79%+0.05%XAUT
30 days-8.08%-2.08%XAUT
90 days—-4.40%—

Correlation

0.43over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4390d: 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	RKSTR	XAUT
Max drawdown (400d)	-16.4%	-19.4%
Risk-adjusted return (90d)	-0.20	-0.20

Relative strength over 90 days: XAUT outperformed RKSTR by 5.3% — measured on the RKSTR/XAUT ratio, so it holds regardless of market direction.

KraneShares SSE STAR Market 50 Index ETF Tokenized Stock (Reality) →Tether Gold →