Vanguard Dividend Appreciation ETF (Dinari Tokenized ETF) vs Tether Gold

Tether Gold (XAUT) is 495360.7× the size of Vanguard Dividend Appreciation ETF (Dinari Tokenized ETF) (VIG) by market capitalisation. Their daily returns move barely together (correlation 0.22 across 25 shared trading days). XAUT has been the more volatile of the two, at 24% annualised against VIG's 9%.

Correlation: 0.22
Size ratio: 1 : 495360.7

Vanguard Dividend Appreciation ETF (Dinari Tokenized ETF)VIG

$252.8700

24h: +2.06%
Market cap: $6,689
Volume 24h: $157
Volatility (ann.): 9%

Tether GoldXAUT

$4,098.99

24h: +2.70%
Market cap: $3.31B
Volume 24h: $324.71M
Volatility (ann.): 24%

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

Performance

VIGXAUT

7 days+0.89%+0.05%VIG
30 days+4.74%-2.08%VIG
90 days—-4.40%—

Correlation

0.22over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2290d: 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	VIG	XAUT
Max drawdown (400d)	-0.8%	-19.4%
Risk-adjusted return (90d)	0.51	-0.20

Relative strength over 90 days: VIG outperformed XAUT by 7.0% — measured on the VIG/XAUT ratio, so it holds regardless of market direction.

Vanguard Dividend Appreciation ETF (Dinari Tokenized ETF) →Tether Gold →