Meta Platforms • Robinhood Token vs Strategy PP Variable xStock

Strategy PP Variable xStock (STRCX) is 20.5× the size of Meta Platforms • Robinhood Token (META) by market capitalisation. Over the past 30 days, STRCX is ahead by 3.4 percentage points (META -0.4% against STRCX +3.0%). Their daily returns move barely in opposite directions (correlation -0.27 across 28 shared trading days). META has been the more volatile of the two, at 64% annualised against STRCX's 51%.

Correlation: -0.27
Size ratio: 1 : 20.5
Ahead over 30 days: STRCX

Meta Platforms • Robinhood TokenMETA

$613.3800

24h: +0.70%
Market cap: $7.20M
Volume 24h: $4.17M
Volatility (ann.): 64%

Strategy PP Variable xStockSTRCX

$109.4400

24h: +0.45%
Market cap: $147.36M
Volume 24h: $592,243
Volatility (ann.): 51%

META 4.7%Share of the two combined market caps95.3% STRCX

Performance

METASTRCX

7 days-14.41%+5.41%STRCX
30 days-0.36%+3.05%STRCX

Correlation

-0.27over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2790d: 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	META	STRCX
Max drawdown (400d)	-21.3%	-7.5%
Risk-adjusted return (90d)	0.08	0.16

Relative strength over 90 days: META outperformed STRCX by 2.6% — measured on the META/STRCX ratio, so it holds regardless of market direction.

Meta Platforms • Robinhood Token →Strategy PP Variable xStock →