The surge in value of tokenized assets tied to physical assets

The Sharpe ratios were determined based on a risk-free rate obtained from the daily annual yield of a one-year Treasury bill. With the exception of Clearpool, all tokens showed a superior risk-adjusted return when compared to a BTC/ETH portfolio, which had an average Sharpe ratio of 1.37 during the same period. The higher Sharpe ratio for the RWA tokens indicates that they have been providing a more favorable balance of return and risk for short-term long trades. Not surprisingly, they have also surpassed a BTC/ETH portfolio in terms of raw price performance, except for Clearpool.