SoFi Technologies • Robinhood Token vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 2948.2× the size of SoFi Technologies • Robinhood Token (SOFI) by market capitalisation. Over the past 30 days, SOFI is ahead by 4.8 percentage points (SOFI -1.9% against MSTRX -6.7%). Their daily returns move barely together (correlation 0.31 across 21 shared trading days). MSTRX has been the more volatile of the two, at 105% annualised against SOFI's 66%.

Correlation: 0.31
Size ratio: 1 : 2948.2
Ahead over 30 days: SOFI

SoFi Technologies • Robinhood TokenSOFI

$15.7600

24h: —
Market cap: $42,512
Volume 24h: $1,887
Volatility (ann.): 66%

MicroStrategy xStockMSTRX

$127.5600

24h: -1.88%
Market cap: $125.34M
Volume 24h: $3.58M
Volatility (ann.): 105%

SOFI 0.0%Share of the two combined market caps100.0% MSTRX

Performance

SOFIMSTRX

7 days-5.63%-5.57%MSTRX
30 days-1.90%-6.73%SOFI

Correlation

0.31over 21 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	SOFI	MSTRX
Max drawdown (400d)	-12.6%	-20.7%
Risk-adjusted return (90d)	0.03	0.21

Relative strength over 90 days: SOFI outperformed MSTRX by 28.4% — measured on the SOFI/MSTRX ratio, so it holds regardless of market direction.

SoFi Technologies • Robinhood Token →MicroStrategy xStock →