Securitize vs Strategy PP Variable xStock

Strategy PP Variable xStock (STRCX) is 3.9× the size of Securitize (SECZ) by market capitalisation. Over the past 30 days, STRCX is ahead by 8.7 percentage points (SECZ -5.7% against STRCX +3.0%). Their daily returns move barely in opposite directions (correlation -0.22 across 45 shared trading days). SECZ has been the more volatile of the two, at 179% annualised against STRCX's 51%.

Correlation: -0.22
Size ratio: 1 : 3.9
Ahead over 30 days: STRCX

SecuritizeSECZ

$7.8000

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

Strategy PP Variable xStockSTRCX

$109.4600

24h: +3.29%
Market cap: $147.39M
Volume 24h: $593,595
Volatility (ann.): 51%

SECZ 20.6%Share of the two combined market caps79.4% STRCX

Performance

SECZSTRCX

7 days-4.41%+5.41%STRCX
30 days-5.68%+3.05%STRCX

Correlation

-0.22over 45 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2690d: 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	STRCX
Max drawdown (400d)	-56.5%	-7.5%
Risk-adjusted return (90d)	0.15	0.16

Relative strength over 90 days: SECZ outperformed STRCX by 20.3% — measured on the SECZ/STRCX ratio, so it holds regardless of market direction.

Securitize →Strategy PP Variable xStock →