State Street SPDR Dow Jones Industrial Average ETF Trust (Dinari Tokenized ETF) vs Tether Gold

Tether Gold (XAUT) is 1014566.1× the size of State Street SPDR Dow Jones Industrial Average ETF Trust (Dinari Tokenized ETF) (DIA) by market capitalisation. Their daily returns move loosely together (correlation 0.56 across 25 shared trading days). XAUT has been the more volatile of the two, at 24% annualised against DIA's 12%.

Correlation: 0.56
Size ratio: 1 : 1014566.1

State Street SPDR Dow Jones Industrial Average ETF Trust (Dinari Tokenized ETF)DIA

$515.7500

24h: -0.59%
Market cap: $3,267
Volume 24h: $72
Volatility (ann.): 12%

Tether GoldXAUT

$4,106.38

24h: +3.72%
Market cap: $3.31B
Volume 24h: $280.57M
Volatility (ann.): 24%

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

Performance

DIAXAUT

7 days-1.33%+0.05%XAUT
30 days+0.97%-2.08%DIA
90 days—-4.40%—

Correlation

0.56over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5690d: 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	DIA	XAUT
Max drawdown (400d)	-2.2%	-19.4%
Risk-adjusted return (90d)	0.08	-0.20

Relative strength over 90 days: DIA outperformed XAUT by 3.1% — measured on the DIA/XAUT ratio, so it holds regardless of market direction.

State Street SPDR Dow Jones Industrial Average ETF Trust (Dinari Tokenized ETF) →Tether Gold →