Microsoft • Robinhood Token vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 72.1× the size of Microsoft • Robinhood Token (MSFT) by market capitalisation. Over the past 30 days, MSTRX is ahead by 0.4 percentage points (MSFT +4.3% against MSTRX +4.7%). Their daily returns move loosely together (correlation 0.51 across 31 shared trading days). MSTRX has been the more volatile of the two, at 101% annualised against MSFT's 27%.

Correlation: 0.51
Size ratio: 1 : 72.1
Ahead over 30 days: MSTRX

Microsoft • Robinhood TokenMSFT

$512.1100

24h: +0.69%
Market cap: $1.82M
Volume 24h: $844,955
Volatility (ann.): 27%

MicroStrategy xStockMSTRX

$137.4900

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

MSFT 1.4%Share of the two combined market caps98.6% MSTRX

Performance

MSFTMSTRX

7 days+3.01%-3.45%MSFT
30 days+4.32%+4.70%MSTRX

Correlation

0.51over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5190d: 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	MSFT	MSTRX
Max drawdown (400d)	-5.0%	-18.3%
Risk-adjusted return (90d)	0.07	0.30

Relative strength over 90 days: MSFT outperformed MSTRX by 1.7% — measured on the MSFT/MSTRX ratio, so it holds regardless of market direction.

Microsoft • Robinhood Token →MicroStrategy xStock →