AbbVie Tokenized Stock (Reality) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 13183.8× the size of AbbVie Tokenized Stock (Reality) (RABBV) by market capitalisation. Their daily returns move barely together (correlation 0.20 across 25 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against RABBV's 24%.

Correlation: 0.20
Size ratio: 1 : 13183.8

AbbVie Tokenized Stock (Reality)RABBV

$296.7600

24h: +3.92%
Market cap: $13,757
Volume 24h: $664
Volatility (ann.): 24%

SpaceX (bStocks Tokenized Stock)SPCXB

$122.2300

24h: -10.41%
Market cap: $181.37M
Volume 24h: $39.91M
Volatility (ann.): 71%

RABBV 0.0%Share of the two combined market caps100.0% SPCXB

Performance

RABBVSPCXB

7 days-0.12%-6.33%RABBV
30 days+7.46%-21.79%RABBV
90 days—+17.70%—

Correlation

0.20over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2090d: 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	RABBV	SPCXB
Max drawdown (400d)	-2.4%	-47.5%
Risk-adjusted return (90d)	0.31	0.28

Relative strength over 90 days: RABBV outperformed SPCXB by 7.9% — measured on the RABBV/SPCXB ratio, so it holds regardless of market direction.

AbbVie Tokenized Stock (Reality) →SpaceX (bStocks Tokenized Stock) →