Palantir xStock vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 44.5× the size of Palantir xStock (PLTRX) by market capitalisation. Over the past 30 days, MSTRX is ahead by 1.0 percentage points (PLTRX +3.7% against MSTRX +4.7%). Their daily returns move loosely together (correlation 0.47 across 31 shared trading days). MSTRX has been the more volatile of the two, at 101% annualised against PLTRX's 66%.

Correlation: 0.47
Size ratio: 1 : 44.5
Ahead over 30 days: MSTRX

Palantir xStockPLTRX

$168.5700

24h: -2.85%
Market cap: $2.90M
Volume 24h: $544,940
Volatility (ann.): 66%

MicroStrategy xStockMSTRX

$135.5500

24h: +2.69%
Market cap: $129.31M
Volume 24h: $2.93M
Volatility (ann.): 101%

PLTRX 2.2%Share of the two combined market caps97.8% MSTRX

Performance

PLTRXMSTRX

7 days-2.53%-3.45%PLTRX
30 days+3.73%+4.70%MSTRX

Correlation

0.47over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4790d: 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	PLTRX	MSTRX
Max drawdown (400d)	-13.2%	-18.3%
Risk-adjusted return (90d)	-0.02	0.30

Relative strength over 90 days: MSTRX outperformed PLTRX by 1.3% — measured on the PLTRX/MSTRX ratio, so it holds regardless of market direction.

Palantir xStock →MicroStrategy xStock →