VanEck Treasury Fund vs Tether Gold
Tether Gold (XAUT) is 58.9× the size of VanEck Treasury Fund (VBILL) by market capitalisation. Both have run at a similar volatility, around 12% annualised.
- Size ratio
- 1 : 58.9
VBILL 1.7%Share of the two combined market caps98.3% XAUT
Performance
VBILLXAUT
- 7 daysVBILL
- 30 daysVBILL
- 90 days—
Risk & extremes
| Metric | VBILL | XAUT |
|---|---|---|
| Max drawdown (400d) | 0.0% | -19.4% |
| Risk-adjusted return (90d) | — | -0.36 |
Relative strength over 90 days: VBILL outperformed XAUT by 14.1% — measured on the VBILL/XAUT ratio, so it holds regardless of market direction.