UPS • Robinhood Token vs Strategy PP Variable xStock

Strategy PP Variable xStock (STRCX) is 1170.1× the size of UPS • Robinhood Token (UPS) by market capitalisation. Over the past 30 days, UPS is ahead by 11.0 percentage points (UPS +14.6% against STRCX +3.6%). Their daily returns move barely together (correlation 0.21 across 28 shared trading days). Both have run at a similar volatility, around 51% annualised.

Correlation: 0.21
Size ratio: 1 : 1170.1
Ahead over 30 days: UPS

UPS • Robinhood TokenUPS

$113.6000

24h: +4.24%
Market cap: $120,364
Volume 24h: $1,624
Volatility (ann.): 52%

Strategy PP Variable xStockSTRCX

$109.1400

24h: -0.40%
Market cap: $140.83M
Volume 24h: $2.05M
Volatility (ann.): 51%

UPS 0.1%Share of the two combined market caps99.9% STRCX

Performance

UPSSTRCX

7 days+7.59%+0.05%UPS
30 days+14.62%+3.64%UPS

Correlation

0.21over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2190d: 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	UPS	STRCX
Max drawdown (400d)	-13.4%	-7.5%
Risk-adjusted return (90d)	0.13	0.16

Relative strength over 90 days: UPS outperformed STRCX by 0.4% — measured on the UPS/STRCX ratio, so it holds regardless of market direction.

UPS • Robinhood Token →Strategy PP Variable xStock →