Trump Media & Technology Group Corp (bStocks Tokenized Stock) vs Strategy PP Variable xStock

Strategy PP Variable xStock (STRCX) is 89.6× the size of Trump Media & Technology Group Corp (bStocks Tokenized Stock) (DJTB) by market capitalisation. Over the past 30 days, STRCX is ahead by 36.8 percentage points (DJTB -33.7% against STRCX +3.0%). Their daily returns move barely in opposite directions (correlation -0.04 across 48 shared trading days). Both have run at a similar volatility, around 51% annualised.

Correlation: -0.04
Size ratio: 1 : 89.6
Ahead over 30 days: STRCX

Trump Media & Technology Group Corp (bStocks Tokenized Stock)DJTB

$5.5400

24h: -0.46%
Market cap: $1.64M
Volume 24h: $73,386
Volatility (ann.): 51%

Strategy PP Variable xStockSTRCX

$109.3800

24h: +0.44%
Market cap: $147.25M
Volume 24h: $595,436
Volatility (ann.): 51%

DJTB 1.1%Share of the two combined market caps98.9% STRCX

Performance

DJTBSTRCX

7 days-7.04%+5.41%STRCX
30 days-33.71%+3.05%STRCX

Correlation

-0.04over 48 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1090d: 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	DJTB	STRCX
Max drawdown (400d)	-42.5%	-7.5%
Risk-adjusted return (90d)	-0.73	0.16

Relative strength over 90 days: STRCX outperformed DJTB by 40.1% — measured on the DJTB/STRCX ratio, so it holds regardless of market direction.

Trump Media & Technology Group Corp (bStocks Tokenized Stock) →Strategy PP Variable xStock →