T-Rex 2X Inverse MSTR Daily Target ETF Tokenized Stock (Reality) vs Tether Gold

Tether Gold (XAUT) is 13083.9× the size of T-Rex 2X Inverse MSTR Daily Target ETF Tokenized Stock (Reality) (RMSTZ) by market capitalisation. Their daily returns move loosely in opposite directions (correlation -0.37 across 25 shared trading days). RMSTZ has been the more volatile of the two, at 173% annualised against XAUT's 24%.

Correlation: -0.37
Size ratio: 1 : 13083.9

T-Rex 2X Inverse MSTR Daily Target ETF Tokenized Stock (Reality)RMSTZ

$2.6700

24h: -15.74%
Market cap: $253,439
Volume 24h: $51,341
Volatility (ann.): 173%

Tether GoldXAUT

$4,090.39

24h: +1.88%
Market cap: $3.32B
Volume 24h: $349.65M
Volatility (ann.): 24%

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

Performance

RMSTZXAUT

7 days+4.82%+0.05%RMSTZ
30 days-40.55%-2.08%XAUT
90 days—-4.40%—

Correlation

-0.37over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3790d: 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	RMSTZ	XAUT
Max drawdown (400d)	-50.4%	-19.4%
Risk-adjusted return (90d)	-0.23	-0.20

Relative strength over 90 days: XAUT outperformed RMSTZ by 39.1% — measured on the RMSTZ/XAUT ratio, so it holds regardless of market direction.

T-Rex 2X Inverse MSTR Daily Target ETF Tokenized Stock (Reality) →Tether Gold →