Utilities Select Sector SPDR Fund Tokenized Stock (Reality) vs Tether Gold

Tether Gold (XAUT) is 420985.1× the size of Utilities Select Sector SPDR Fund Tokenized Stock (Reality) (RXLU) by market capitalisation. Their daily returns move loosely together (correlation 0.52 across 25 shared trading days). XAUT has been the more volatile of the two, at 24% annualised against RXLU's 19%.

Correlation: 0.52
Size ratio: 1 : 420985.1

Utilities Select Sector SPDR Fund Tokenized Stock (Reality)RXLU

$43.5900

24h: —
Market cap: $7,856
Volume 24h: $279
Volatility (ann.): 19%

Tether GoldXAUT

$4,088.88

24h: +1.62%
Market cap: $3.31B
Volume 24h: $344.43M
Volatility (ann.): 24%

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

Performance

RXLUXAUT

7 days+4.00%+0.05%RXLU
30 days+0.65%-2.08%RXLU
90 days—-4.40%—

Correlation

0.52over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5290d: 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	RXLU	XAUT
Max drawdown (400d)	-5.8%	-19.4%
Risk-adjusted return (90d)	0.03	-0.20

Relative strength over 90 days: RXLU outperformed XAUT by 3.7% — measured on the RXLU/XAUT ratio, so it holds regardless of market direction.

Utilities Select Sector SPDR Fund Tokenized Stock (Reality) →Tether Gold →