Goldman Sachs (Ondo Tokenized Stock) vs Strategy PP Variable xStock

Strategy PP Variable xStock (STRCX) is 124.0× the size of Goldman Sachs (Ondo Tokenized Stock) (GSON) by market capitalisation. Over the past 30 days, STRCX is ahead by 29.7 percentage points (GSON -26.6% against STRCX +3.0%). Their daily returns move barely in opposite directions (correlation -0.00 across 22 shared trading days). GSON has been the more volatile of the two, at 86% annualised against STRCX's 51%.

Correlation: -0.00
Size ratio: 1 : 124.0
Ahead over 30 days: STRCX

Goldman Sachs (Ondo Tokenized Stock)GSON

$902.9600

24h: —
Market cap: $1.19M
Volume 24h: $7
Volatility (ann.): 86%

Strategy PP Variable xStockSTRCX

$109.2600

24h: +0.33%
Market cap: $147.13M
Volume 24h: $591,035
Volatility (ann.): 51%

GSON 0.8%Share of the two combined market caps99.2% STRCX

Performance

GSONSTRCX

7 days-19.67%+5.41%STRCX
30 days-26.61%+3.05%STRCX

Correlation

-0.00over 22 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	GSON	STRCX
Max drawdown (400d)	-28.3%	-7.5%
Risk-adjusted return (90d)	-0.31	0.16

Relative strength over 90 days: STRCX outperformed GSON by 29.3% — measured on the GSON/STRCX ratio, so it holds regardless of market direction.

Goldman Sachs (Ondo Tokenized Stock) →Strategy PP Variable xStock →