Galaxy Digital Inc. • Robinhood Token vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 464.5× the size of Galaxy Digital Inc. • Robinhood Token (GLXY) by market capitalisation. Over the past 30 days, MSTRX is ahead by 55.6 percentage points (GLXY -44.7% against MSTRX +10.9%). Their daily returns move barely together (correlation 0.34 across 30 shared trading days). GLXY has been the more volatile of the two, at 130% annualised against MSTRX's 101%.

Correlation: 0.34
Size ratio: 1 : 464.5
Ahead over 30 days: MSTRX

Galaxy Digital Inc. • Robinhood TokenGLXY

$14.0500

24h: -12.20%
Market cap: $297,766
Volume 24h: $200,448
Volatility (ann.): 130%

MicroStrategy xStockMSTRX

$143.2400

24h: +5.94%
Market cap: $138.30M
Volume 24h: $3.75M
Volatility (ann.): 101%

GLXY 0.2%Share of the two combined market caps99.8% MSTRX

Performance

GLXYMSTRX

7 days-26.38%+0.26%MSTRX
30 days-44.69%+10.88%MSTRX

Correlation

0.34over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3490d: 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	GLXY	MSTRX
Max drawdown (400d)	-49.6%	-18.3%
Risk-adjusted return (90d)	-0.32	0.38

Relative strength over 90 days: MSTRX outperformed GLXY by 49.6% — measured on the GLXY/MSTRX ratio, so it holds regardless of market direction.

Galaxy Digital Inc. • Robinhood Token →MicroStrategy xStock →