Space Exploration Technologies (Dinari Tokenized Stock) vs MicroStrategy xStock

Space Exploration Technologies (Dinari Tokenized Stock) (SPCX) and MicroStrategy xStock (MSTRX) compared side by side. Over the past 30 days, MSTRX is ahead by 7.2 percentage points (SPCX +3.7% against MSTRX +10.9%). Their daily returns move barely together (correlation 0.29 across 24 shared trading days). MSTRX has been the more volatile of the two, at 101% annualised against SPCX's 44%.

Correlation: 0.29
Ahead over 30 days: MSTRX

Space Exploration Technologies (Dinari Tokenized Stock)SPCX

$135.9000

24h: -1.25%
Market cap: —
Volume 24h: $376,254
Volatility (ann.): 44%

MicroStrategy xStockMSTRX

$143.1100

24h: +7.57%
Market cap: $138.16M
Volume 24h: $4.18M
Volatility (ann.): 101%

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

Performance

SPCXMSTRX

7 days-5.24%+0.26%MSTRX
30 days+3.67%+10.88%MSTRX

Correlation

0.29over 24 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	SPCX	MSTRX
Max drawdown (400d)	-6.5%	-18.3%
Risk-adjusted return (90d)	0.08	0.38

Relative strength over 90 days: MSTRX outperformed SPCX by 13.9% — measured on the SPCX/MSTRX ratio, so it holds regardless of market direction.

Space Exploration Technologies (Dinari Tokenized Stock) →MicroStrategy xStock →