Rocket Lab Corporation • Robinhood Token vs Strategy PP Variable xStock

Strategy PP Variable xStock (STRCX) is 3081.0× the size of Rocket Lab Corporation • Robinhood Token (RKLB) by market capitalisation. Over the past 30 days, STRCX is ahead by 33.0 percentage points (RKLB -29.3% against STRCX +3.6%). Their daily returns move barely in opposite directions (correlation -0.04 across 23 shared trading days). RKLB has been the more volatile of the two, at 76% annualised against STRCX's 51%.

Correlation: -0.04
Size ratio: 1 : 3081.0
Ahead over 30 days: STRCX

Rocket Lab Corporation • Robinhood TokenRKLB

$52.0100

24h: -1.04%
Market cap: $45,897
Volume 24h: $9
Volatility (ann.): 76%

Strategy PP Variable xStockSTRCX

$109.1000

24h: -0.51%
Market cap: $141.41M
Volume 24h: $461,896
Volatility (ann.): 51%

RKLB 0.0%Share of the two combined market caps100.0% STRCX

Performance

RKLBSTRCX

7 days-12.12%+0.05%STRCX
30 days-29.31%+3.64%STRCX

Correlation

-0.04over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	RKLB	STRCX
Max drawdown (400d)	-32.0%	-7.5%
Risk-adjusted return (90d)	-0.37	0.16

Relative strength over 90 days: STRCX outperformed RKLB by 20.2% — measured on the RKLB/STRCX ratio, so it holds regardless of market direction.

Rocket Lab Corporation • Robinhood Token →Strategy PP Variable xStock →