Rivian Automotive • Robinhood Token vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 441.1× the size of Rivian Automotive • Robinhood Token (RIVN) by market capitalisation. Over the past 30 days, MSTRX is ahead by 22.7 percentage points (RIVN -18.0% against MSTRX +4.7%). Their daily returns move loosely together (correlation 0.38 across 27 shared trading days). MSTRX has been the more volatile of the two, at 101% annualised against RIVN's 78%.

Correlation: 0.38
Size ratio: 1 : 441.1
Ahead over 30 days: MSTRX

Rivian Automotive • Robinhood TokenRIVN

$13.1500

24h: -0.43%
Market cap: $311,776
Volume 24h: $27,307
Volatility (ann.): 78%

MicroStrategy xStockMSTRX

$142.9500

24h: +5.33%
Market cap: $137.53M
Volume 24h: $4.02M
Volatility (ann.): 101%

RIVN 0.2%Share of the two combined market caps99.8% MSTRX

Performance

RIVNMSTRX

7 days-11.88%-3.45%MSTRX
30 days-17.96%+4.70%MSTRX

Correlation

0.38over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3890d: 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	RIVN	MSTRX
Max drawdown (400d)	-28.3%	-18.3%
Risk-adjusted return (90d)	-0.21	0.30

Relative strength over 90 days: MSTRX outperformed RIVN by 20.4% — measured on the RIVN/MSTRX ratio, so it holds regardless of market direction.

Rivian Automotive • Robinhood Token →MicroStrategy xStock →