Micron Technology (Ondo Tokenized Stock) vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 3.9× the size of Micron Technology (Ondo Tokenized Stock) (MUON) by market capitalisation. Over the past 30 days, MSTRX is ahead by 15.3 percentage points (MUON -10.6% against MSTRX +4.7%). Their daily returns move loosely together (correlation 0.51 across 49 shared trading days). MSTRX has been the more volatile of the two, at 101% annualised against MUON's 73%.

Correlation: 0.51
Size ratio: 1 : 3.9
Ahead over 30 days: MSTRX

Micron Technology (Ondo Tokenized Stock)MUON

$865.3100

24h: +0.84%
Market cap: $33.54M
Volume 24h: $3.57M
Volatility (ann.): 73%

MicroStrategy xStockMSTRX

$137.4900

24h: +4.92%
Market cap: $131.05M
Volume 24h: $2.75M
Volatility (ann.): 101%

MUON 20.4%Share of the two combined market caps79.6% MSTRX

Performance

MUONMSTRX

7 days-5.85%-3.45%MSTRX
30 days-10.63%+4.70%MSTRX

Correlation

0.51over 49 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7190d: 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	MUON	MSTRX
Max drawdown (400d)	-22.6%	-18.3%
Risk-adjusted return (90d)	-0.13	0.30

Relative strength over 90 days: MSTRX outperformed MUON by 19.7% — measured on the MUON/MSTRX ratio, so it holds regardless of market direction.

Micron Technology (Ondo Tokenized Stock) →MicroStrategy xStock →