McDonald's (ST0x Tokenized Stock) vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 4547.1× the size of McDonald's (ST0x Tokenized Stock) (WTMCD) by market capitalisation. Over the past 30 days, WTMCD is ahead by 26.1 percentage points (WTMCD +19.3% against MSTRX -6.7%). Their daily returns move barely together (correlation 0.18 across 22 shared trading days). MSTRX has been the more volatile of the two, at 105% annualised against WTMCD's 28%.

Correlation: 0.18
Size ratio: 1 : 4547.1
Ahead over 30 days: WTMCD

McDonald's (ST0x Tokenized Stock)WTMCD

$275.1400

24h: -1.12%
Market cap: $27,644
Volume 24h: $7,122
Volatility (ann.): 28%

MicroStrategy xStockMSTRX

$129.0300

24h: -10.28%
Market cap: $125.70M
Volume 24h: $5.38M
Volatility (ann.): 105%

WTMCD 0.0%Share of the two combined market caps100.0% MSTRX

Performance

WTMCDMSTRX

7 days+7.91%-5.57%WTMCD
30 days+19.34%-6.73%WTMCD

Correlation

0.18over 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	WTMCD	MSTRX
Max drawdown (400d)	-2.1%	-20.7%
Risk-adjusted return (90d)	0.70	0.21

Relative strength over 90 days: WTMCD outperformed MSTRX by 32.6% — measured on the WTMCD/MSTRX ratio, so it holds regardless of market direction.

McDonald's (ST0x Tokenized Stock) →MicroStrategy xStock →