Nu • Robinhood Token vs Strategy PP Variable xStock

Strategy PP Variable xStock (STRCX) is 1112.8× the size of Nu • Robinhood Token (NU) by market capitalisation. Over the past 30 days, STRCX is ahead by 24.6 percentage points (NU -20.9% against STRCX +3.6%). Their daily returns move barely in opposite directions (correlation -0.07 across 28 shared trading days). NU has been the more volatile of the two, at 66% annualised against STRCX's 51%.

Correlation: -0.07
Size ratio: 1 : 1112.8
Ahead over 30 days: STRCX

Nu • Robinhood TokenNU

$11.8900

24h: +2.06%
Market cap: $127,873
Volume 24h: $15,362
Volatility (ann.): 66%

Strategy PP Variable xStockSTRCX

$109.7900

24h: +0.10%
Market cap: $142.30M
Volume 24h: $497,156
Volatility (ann.): 51%

NU 0.1%Share of the two combined market caps99.9% STRCX

Performance

NUSTRCX

7 days-0.66%+0.05%STRCX
30 days-20.94%+3.64%STRCX

Correlation

-0.07over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0790d: 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	NU	STRCX
Max drawdown (400d)	-29.7%	-7.5%
Risk-adjusted return (90d)	-0.28	0.16

Relative strength over 90 days: STRCX outperformed NU by 23.7% — measured on the NU/STRCX ratio, so it holds regardless of market direction.

Nu • Robinhood Token →Strategy PP Variable xStock →