Micron Technology • Robinhood Token vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 217.5× the size of Micron Technology • Robinhood Token (MU) by market capitalisation. Over the past 30 days, MSTRX is ahead by 20.0 percentage points (MU -15.3% against MSTRX +4.7%). Their daily returns move loosely together (correlation 0.48 across 31 shared trading days). MSTRX has been the more volatile of the two, at 101% annualised against MU's 70%.

Correlation: 0.48
Size ratio: 1 : 217.5
Ahead over 30 days: MSTRX

Micron Technology • Robinhood TokenMU

$840.5900

24h: -0.51%
Market cap: $600,625
Volume 24h: $4.62M
Volatility (ann.): 70%

MicroStrategy xStockMSTRX

$137.1000

24h: +6.08%
Market cap: $130.64M
Volume 24h: $2.72M
Volatility (ann.): 101%

MU 0.5%Share of the two combined market caps99.5% MSTRX

Performance

MUMSTRX

7 days-7.91%-3.45%MSTRX
30 days-15.26%+4.70%MSTRX

Correlation

0.48over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4890d: 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	MU	MSTRX
Max drawdown (400d)	-22.5%	-18.3%
Risk-adjusted return (90d)	-0.16	0.30

Relative strength over 90 days: MSTRX outperformed MU by 13.5% — measured on the MU/MSTRX ratio, so it holds regardless of market direction.

Micron Technology • Robinhood Token →MicroStrategy xStock →