Trump Media & Technology Group Corp. • Robinhood Token vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 126.8× the size of Trump Media & Technology Group Corp. • Robinhood Token (DJT) by market capitalisation. Over the past 30 days, MSTRX is ahead by 38.8 percentage points (DJT -34.1% against MSTRX +4.7%). Their daily returns move loosely together (correlation 0.54 across 31 shared trading days). Both have run at a similar volatility, around 107% annualised.

Correlation: 0.54
Size ratio: 1 : 126.8
Ahead over 30 days: MSTRX

Trump Media & Technology Group Corp. • Robinhood TokenDJT

$5.5900

24h: -2.99%
Market cap: $1.08M
Volume 24h: $94,638
Volatility (ann.): 113%

MicroStrategy xStockMSTRX

$142.9500

24h: +5.33%
Market cap: $137.53M
Volume 24h: $4.02M
Volatility (ann.): 101%

DJT 0.8%Share of the two combined market caps99.2% MSTRX

Performance

DJTMSTRX

7 days-34.80%-3.45%MSTRX
30 days-34.15%+4.70%MSTRX

Correlation

0.54over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5490d: 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	DJT	MSTRX
Max drawdown (400d)	-49.1%	-18.3%
Risk-adjusted return (90d)	-0.41	0.30

Relative strength over 90 days: MSTRX outperformed DJT by 48.6% — measured on the DJT/MSTRX ratio, so it holds regardless of market direction.

Trump Media & Technology Group Corp. • Robinhood Token →MicroStrategy xStock →