Vanguard Information Technology ETF Tokenized Stock (Reality) vs Tether Gold

Tether Gold (XAUT) is 369595.5× the size of Vanguard Information Technology ETF Tokenized Stock (Reality) (RVGT) by market capitalisation. Their daily returns move barely together (correlation 0.24 across 25 shared trading days). XAUT has been the more volatile of the two, at 24% annualised against RVGT's 18%.

Correlation: 0.24
Size ratio: 1 : 369595.5

Vanguard Information Technology ETF Tokenized Stock (Reality)RVGT

$114.6500

24h: +0.91%
Market cap: $8,972
Volume 24h: $129,702
Volatility (ann.): 18%

Tether GoldXAUT

$4,093.49

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

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

Performance

RVGTXAUT

7 days-2.56%+0.05%XAUT
30 days+6.58%-2.08%RVGT
90 days—-4.40%—

Correlation

0.24over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2490d: 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	RVGT	XAUT
Max drawdown (400d)	-2.6%	-19.4%
Risk-adjusted return (90d)	0.36	-0.20

Relative strength over 90 days: RVGT outperformed XAUT by 11.0% — measured on the RVGT/XAUT ratio, so it holds regardless of market direction.

Vanguard Information Technology ETF Tokenized Stock (Reality) →Tether Gold →