ASML (bStocks Tokenized Stock) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 56.6× the size of ASML (bStocks Tokenized Stock) (ASMLB) by market capitalisation. Over the past 90 days, SPCXB is ahead by 30.8 percentage points (ASMLB -13.1% against SPCXB +17.7%). Their daily returns move loosely together (correlation 0.36 across 92 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against ASMLB's 37%.

Correlation: 0.36
Size ratio: 1 : 56.6
Ahead over 90 days: SPCXB

ASML (bStocks Tokenized Stock)ASMLB

$1,463.45

24h: -0.26%
Market cap: $3.48M
Volume 24h: $94,610
Volatility (ann.): 37%

SpaceX (bStocks Tokenized Stock)SPCXB

$132.9400

24h: -2.39%
Market cap: $196.73M
Volume 24h: $67.32M
Volatility (ann.): 71%

ASMLB 1.7%Share of the two combined market caps98.3% SPCXB

Performance

ASMLBSPCXB

7 days-8.97%-6.33%SPCXB
30 days-20.04%-21.79%ASMLB
90 days-13.10%+17.70%SPCXB

Correlation

0.36over 92 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6990d: 0.351y: 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	ASMLB	SPCXB
Max drawdown (400d)	-20.8%	-47.5%
Risk-adjusted return (90d)	-0.36	0.28

Relative strength over 90 days: SPCXB outperformed ASMLB by 26.2% — measured on the ASMLB/SPCXB ratio, so it holds regardless of market direction.

ASML (bStocks Tokenized Stock) →SpaceX (bStocks Tokenized Stock) →