General Electric (Ondo Tokenized Stock) vs Strategy PP Variable xStock

Strategy PP Variable xStock (STRCX) is 92.7× the size of General Electric (Ondo Tokenized Stock) (GEON) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.06 across 35 shared trading days). STRCX has been the more volatile of the two, at 51% annualised against GEON's 34%.

Correlation: -0.06
Size ratio: 1 : 92.7

General Electric (Ondo Tokenized Stock)GEON

$320.7400

24h: +1.34%
Market cap: $1.53M
Volume 24h: $148,357
Volatility (ann.): 34%

Strategy PP Variable xStockSTRCX

$109.6500

24h: +2.62%
Market cap: $142.07M
Volume 24h: $504,348
Volatility (ann.): 51%

GEON 1.1%Share of the two combined market caps98.9% STRCX

Performance

GEONSTRCX

7 days+2.46%+5.41%STRCX
30 days-4.72%+3.05%STRCX
90 days-12.20%——
1 year+13.29%——

Correlation

-0.06over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0290d: 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	GEON	STRCX
Max drawdown (400d)	-21.1%	-7.5%
Risk-adjusted return (90d)	-0.42	0.16

Relative strength over 90 days: STRCX outperformed GEON by 17.1% — measured on the GEON/STRCX ratio, so it holds regardless of market direction.

General Electric (Ondo Tokenized Stock) →Strategy PP Variable xStock →