Roblox • Robinhood Token vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 267.2× the size of Roblox • Robinhood Token (RBLX) by market capitalisation. Over the past 30 days, MSTRX is ahead by 3.3 percentage points (RBLX +1.4% against MSTRX +4.7%). Their daily returns move barely in opposite directions (correlation -0.13 across 31 shared trading days). RBLX has been the more volatile of the two, at 124% annualised against MSTRX's 101%.

Correlation: -0.13
Size ratio: 1 : 267.2
Ahead over 30 days: MSTRX

Roblox • Robinhood TokenRBLX

$44.9700

24h: +6.07%
Market cap: $483,968
Volume 24h: $81,865
Volatility (ann.): 124%

MicroStrategy xStockMSTRX

$136.1500

24h: +2.03%
Market cap: $129.34M
Volume 24h: $2.95M
Volatility (ann.): 101%

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

Performance

RBLXMSTRX

7 days-15.76%-3.45%MSTRX
30 days+1.39%+4.70%MSTRX

Correlation

-0.13over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1390d: 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	RBLX	MSTRX
Max drawdown (400d)	-19.7%	-18.3%
Risk-adjusted return (90d)	0.09	0.30

Relative strength over 90 days: RBLX outperformed MSTRX by 8.4% — measured on the RBLX/MSTRX ratio, so it holds regardless of market direction.

Roblox • Robinhood Token →MicroStrategy xStock →