Boston Scientific Tokenized Stock (Reality) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 7321.9× the size of Boston Scientific Tokenized Stock (Reality) (RBSX) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.27 across 25 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against RBSX's 23%.

Correlation: -0.27
Size ratio: 1 : 7321.9

Boston Scientific Tokenized Stock (Reality)RBSX

$45.9700

24h: +5.84%
Market cap: $27,152
Volume 24h: $560
Volatility (ann.): 23%

SpaceX (bStocks Tokenized Stock)SPCXB

$126.7200

24h: -5.74%
Market cap: $198.80M
Volume 24h: $51.96M
Volatility (ann.): 71%

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

Performance

RBSXSPCXB

7 days+3.40%-6.33%RBSX
30 days-0.11%-21.79%RBSX
90 days—+17.70%—

Correlation

-0.27over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2790d: 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	RBSX	SPCXB
Max drawdown (400d)	-7.5%	-47.5%
Risk-adjusted return (90d)	0.00	0.28

Relative strength over 90 days: SPCXB outperformed RBSX by 9.2% — measured on the RBSX/SPCXB ratio, so it holds regardless of market direction.

Boston Scientific Tokenized Stock (Reality) →SpaceX (bStocks Tokenized Stock) →