Reddit (bStocks Tokenized Stock) vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 244.1× the size of Reddit (bStocks Tokenized Stock) (RDDTB) by market capitalisation. Over the past 30 days, MSTRX is ahead by 39.6 percentage points (RDDTB -34.9% against MSTRX +4.7%). Their daily returns move barely together (correlation 0.20 across 27 shared trading days). MSTRX has been the more volatile of the two, at 101% annualised against RDDTB's 80%.

Correlation: 0.20
Size ratio: 1 : 244.1
Ahead over 30 days: MSTRX

Reddit (bStocks Tokenized Stock)RDDTB

$103.7100

24h: -1.38%
Market cap: $564,320
Volume 24h: $1.14M
Volatility (ann.): 80%

MicroStrategy xStockMSTRX

$144.0900

24h: +5.83%
Market cap: $137.74M
Volume 24h: $3.82M
Volatility (ann.): 101%

RDDTB 0.4%Share of the two combined market caps99.6% MSTRX

Performance

RDDTBMSTRX

7 days-30.38%-3.45%MSTRX
30 days-34.89%+4.70%MSTRX

Correlation

0.20over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2090d: 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	RDDTB	MSTRX
Max drawdown (400d)	-43.2%	-18.3%
Risk-adjusted return (90d)	-0.49	0.30

Relative strength over 90 days: MSTRX outperformed RDDTB by 43.9% — measured on the RDDTB/MSTRX ratio, so it holds regardless of market direction.

Reddit (bStocks Tokenized Stock) →MicroStrategy xStock →