USA Rare Earth (bStocks Tokenized Stock) vs Strategy PP Variable xStock

Strategy PP Variable xStock (STRCX) is 163.0× the size of USA Rare Earth (bStocks Tokenized Stock) (USARB) by market capitalisation. Their daily returns move barely together (correlation 0.01 across 57 shared trading days). USARB has been the more volatile of the two, at 87% annualised against STRCX's 51%.

Correlation: 0.01
Size ratio: 1 : 163.0

USA Rare Earth (bStocks Tokenized Stock)USARB

$8.9800

24h: -0.01%
Market cap: $902,511
Volume 24h: $136,788
Volatility (ann.): 87%

Strategy PP Variable xStockSTRCX

$109.2500

24h: +0.10%
Market cap: $147.12M
Volume 24h: $592,236
Volatility (ann.): 51%

USARB 0.6%Share of the two combined market caps99.4% STRCX

Performance

USARBSTRCX

7 days-15.26%+5.41%STRCX
30 days-36.15%+3.05%STRCX
90 days-48.78%——

Correlation

0.01over 57 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0990d: 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	USARB	STRCX
Max drawdown (400d)	-56.4%	-7.5%
Risk-adjusted return (90d)	-0.56	0.16

Relative strength over 90 days: STRCX outperformed USARB by 57.4% — measured on the USARB/STRCX ratio, so it holds regardless of market direction.

USA Rare Earth (bStocks Tokenized Stock) →Strategy PP Variable xStock →