XRP (XRP) is 52797.3× the size of Trump Media & Technology Group Corp (bStocks Tokenized Stock) (DJTB) by market capitalisation. Their daily returns move closely together (correlation 0.60 across 25 shared trading days). XRP has been the more volatile of the two, at 66% annualised against DJTB's 50%.
| Period | DJTB | XRP | Ahead |
|---|---|---|---|
| 7 days | +2.66% | +3.23% | XRP |
| 30 days | -6.12% | +11.22% | XRP |
| 90 days | — | +25.39% | — |
| 1 year | — | -52.83% | — |
| Metric | DJTB | XRP |
|---|---|---|
| Max drawdown (400d) | -12.4% | -68.2% |
| Risk-adjusted return (90d) | -0.12 | 0.38 |
| Best 30 days (past year) | — | +41.9% |
| Worst 30 days (past year) | — | -47.3% |
Relative strength over 90 days: XRP outperformed DJTB by 5.3% — measured on the DJTB/XRP ratio, so it holds regardless of market direction.
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.