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

Tether Gold (XAUT) is 294.7× the size of T-Rex 2X Long MSTR Daily Target ETF Tokenized Stock (Reality) (RMSTU) by market capitalisation. Their daily returns move barely together (correlation 0.35 across 25 shared trading days). RMSTU has been the more volatile of the two, at 177% annualised against XAUT's 24%.

Correlation: 0.35
Size ratio: 1 : 294.7

T-Rex 2X Long MSTR Daily Target ETF Tokenized Stock (Reality)RMSTU

$32.7800

24h: +17.95%
Market cap: $11.25M
Volume 24h: $291,487
Volatility (ann.): 177%

Tether GoldXAUT

$4,098.84

24h: +3.15%
Market cap: $3.31B
Volume 24h: $329.79M
Volatility (ann.): 24%

RMSTU 0.3%Share of the two combined market caps99.7% XAUT

Performance

RMSTUXAUT

7 days-10.92%+0.05%XAUT
30 days+29.58%-2.08%RMSTU
90 days—-4.40%—

Correlation

0.35over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3590d: 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	RMSTU	XAUT
Max drawdown (400d)	-21.1%	-19.4%
Risk-adjusted return (90d)	0.17	-0.20

Relative strength over 90 days: RMSTU outperformed XAUT by 32.6% — measured on the RMSTU/XAUT ratio, so it holds regardless of market direction.

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