Walmart xStock vs MicroStrategy xStock

MicroStrategy xStock (MSTRX) is 441.6× the size of Walmart xStock (WMTX) by market capitalisation. Over the past 30 days, WMTX is ahead by 3.6 percentage points (WMTX +14.5% against MSTRX +10.9%). Their daily returns move loosely in opposite directions (correlation -0.48 across 20 shared trading days). MSTRX has been the more volatile of the two, at 101% annualised against WMTX's 62%.

Correlation: -0.48
Size ratio: 1 : 441.6
Ahead over 30 days: WMTX

Walmart xStockWMTX

$131.7200

24h: +3.61%
Market cap: $290,230
Volume 24h: $1,385
Volatility (ann.): 62%

MicroStrategy xStockMSTRX

$132.6700

24h: -5.18%
Market cap: $128.16M
Volume 24h: $3.08M
Volatility (ann.): 101%

WMTX 0.2%Share of the two combined market caps99.8% MSTRX

Performance

WMTXMSTRX

7 days+18.86%+0.26%WMTX
30 days+14.53%+10.88%WMTX

Correlation

-0.48over 20 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	WMTX	MSTRX
Max drawdown (400d)	-6.2%	-18.3%
Risk-adjusted return (90d)	0.24	0.38

Relative strength over 90 days: WMTX outperformed MSTRX by 14.5% — measured on the WMTX/MSTRX ratio, so it holds regardless of market direction.

Walmart xStock →MicroStrategy xStock →