XRP (XRP) is 96077.3× the size of USA Rare Earth (bStocks Tokenized Stock) (USARB) by market capitalisation. Their daily returns move barely together (correlation 0.22 across 46 shared trading days). USARB has been the more volatile of the two, at 87% annualised against XRP's 66%.
| Period | USARB | XRP | Ahead |
|---|---|---|---|
| 7 days | -0.51% | +3.23% | XRP |
| 30 days | -8.98% | +11.22% | XRP |
| 90 days | — | +25.39% | — |
| 1 year | — | -52.83% | — |
| Metric | USARB | XRP |
|---|---|---|
| Max drawdown (400d) | -24.4% | -68.2% |
| Risk-adjusted return (90d) | -0.11 | 0.38 |
| Best 30 days (past year) | — | +41.9% |
| Worst 30 days (past year) | — | -47.3% |
Relative strength over 90 days: XRP outperformed USARB by 31.8% — measured on the USARB/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.