Securitize vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 3.4× the size of Securitize (SECZ) by market capitalisation. Over the past 30 days, MSTRX is ahead by 10.4 percentage points (SECZ -5.7% against MSTRX +4.7%). Their daily returns move closely together (correlation 0.64 across 47 shared trading days). SECZ has been the more volatile of the two, at 179% annualised against MSTRX's 101%.

Correlation: 0.64
Size ratio: 1 : 3.4
Ahead over 30 days: MSTRX

SecuritizeSECZ

$7.8000

24h: +7.73%
Market cap: $38.14M
Volume 24h: —
Volatility (ann.): 179%

MicroStrategy xStockMSTRX

$135.6200

24h: +2.65%
Market cap: $128.83M
Volume 24h: $2.89M
Volatility (ann.): 101%

SECZ 22.8%Share of the two combined market caps77.2% MSTRX

Performance

SECZMSTRX

7 days-4.41%-3.45%MSTRX
30 days-5.68%+4.70%MSTRX

Correlation

0.64over 47 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.8190d: 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	SECZ	MSTRX
Max drawdown (400d)	-56.5%	-18.3%
Risk-adjusted return (90d)	0.15	0.30

Relative strength over 90 days: SECZ outperformed MSTRX by 12.4% — measured on the SECZ/MSTRX ratio, so it holds regardless of market direction.

Securitize →MicroStrategy xStock →