ASML Holding NV • Robinhood Token vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 1015.9× the size of ASML Holding NV • Robinhood Token (ASML) by market capitalisation. Over the past 30 days, MSTRX is ahead by 23.6 percentage points (ASML -12.7% against MSTRX +10.9%). Their daily returns move barely together (correlation 0.10 across 30 shared trading days). MSTRX has been the more volatile of the two, at 101% annualised against ASML's 53%.

Correlation: 0.10
Size ratio: 1 : 1015.9
Ahead over 30 days: MSTRX

ASML Holding NV • Robinhood TokenASML

$1,472.32

24h: -3.27%
Market cap: $135,903
Volume 24h: $16,033
Volatility (ann.): 53%

MicroStrategy xStockMSTRX

$142.9600

24h: +3.32%
Market cap: $138.06M
Volume 24h: $3.59M
Volatility (ann.): 101%

ASML 0.1%Share of the two combined market caps99.9% MSTRX

Performance

ASMLMSTRX

7 days-9.50%+0.26%MSTRX
30 days-12.74%+10.88%MSTRX

Correlation

0.10over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1090d: 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	ASML	MSTRX
Max drawdown (400d)	-18.1%	-18.3%
Risk-adjusted return (90d)	-0.18	0.38

Relative strength over 90 days: MSTRX outperformed ASML by 21.7% — measured on the ASML/MSTRX ratio, so it holds regardless of market direction.

ASML Holding NV • Robinhood Token →MicroStrategy xStock →