ASML Holding NV • Robinhood Token vs Strategy PP Variable xStock

Strategy PP Variable xStock (STRCX) is 1044.9× the size of ASML Holding NV • Robinhood Token (ASML) by market capitalisation. Over the past 30 days, STRCX is ahead by 16.4 percentage points (ASML -12.7% against STRCX +3.6%). Their daily returns move barely in opposite directions (correlation -0.19 across 28 shared trading days). Both have run at a similar volatility, around 52% annualised.

Correlation: -0.19
Size ratio: 1 : 1044.9
Ahead over 30 days: STRCX

ASML Holding NV • Robinhood TokenASML

$1,472.32

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

Strategy PP Variable xStockSTRCX

$109.5600

24h: +0.19%
Market cap: $142.00M
Volume 24h: $404,179
Volatility (ann.): 51%

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

Performance

ASMLSTRCX

7 days-9.50%+0.05%STRCX
30 days-12.74%+3.64%STRCX

Correlation

-0.19over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1990d: 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	STRCX
Max drawdown (400d)	-18.1%	-7.5%
Risk-adjusted return (90d)	-0.18	0.16

Relative strength over 90 days: STRCX outperformed ASML by 15.1% — measured on the ASML/STRCX ratio, so it holds regardless of market direction.

ASML Holding NV • Robinhood Token →Strategy PP Variable xStock →