Schwab US Dividend Equity ETF Tokenized Stock (Reality) vs Tether Gold

Tether Gold (XAUT) is 48377.6× the size of Schwab US Dividend Equity ETF Tokenized Stock (Reality) (RSCHD) by market capitalisation. Their daily returns move loosely together (correlation 0.45 across 25 shared trading days). XAUT has been the more volatile of the two, at 24% annualised against RSCHD's 12%.

Correlation: 0.45
Size ratio: 1 : 48377.6

Schwab US Dividend Equity ETF Tokenized Stock (Reality)RSCHD

$36.1600

24h: +2.01%
Market cap: $67,748
Volume 24h: $3,532
Volatility (ann.): 12%

Tether GoldXAUT

$4,054.79

24h: -1.13%
Market cap: $3.28B
Volume 24h: $403.37M
Volatility (ann.): 24%

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

Performance

RSCHDXAUT

7 days+0.98%+1.67%XAUT
30 days-3.64%-2.25%XAUT
90 days—-5.95%—

Correlation

0.45over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4590d: 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	RSCHD	XAUT
Max drawdown (400d)	-5.2%	-19.4%
Risk-adjusted return (90d)	-0.30	-0.27

Relative strength over 90 days: XAUT outperformed RSCHD by 1.3% — measured on the RSCHD/XAUT ratio, so it holds regardless of market direction.

Schwab US Dividend Equity ETF Tokenized Stock (Reality) →Tether Gold →