Broadcom (Dinari Tokenized Stock) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 1182.6× the size of Broadcom (Dinari Tokenized Stock) (AVGO) by market capitalisation. Their daily returns move closely together (correlation 0.65 across 25 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against AVGO's 41%.

Correlation: 0.65
Size ratio: 1 : 1182.6

Broadcom (Dinari Tokenized Stock)AVGO

$321.5300

24h: -0.98%
Market cap: $168,623
Volume 24h: $390
Volatility (ann.): 41%

SpaceX (bStocks Tokenized Stock)SPCXB

$134.5100

24h: -0.01%
Market cap: $199.41M
Volume 24h: $52.76M
Volatility (ann.): 71%

AVGO 0.1%Share of the two combined market caps99.9% SPCXB

Performance

AVGOSPCXB

7 days+7.74%-6.33%AVGO
30 days+2.38%-21.79%AVGO
90 days—+17.70%—

Correlation

0.65over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6590d: 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	AVGO	SPCXB
Max drawdown (400d)	-7.8%	-47.5%
Risk-adjusted return (90d)	0.06	0.28

Relative strength over 90 days: SPCXB outperformed AVGO by 4.8% — measured on the AVGO/SPCXB ratio, so it holds regardless of market direction.

Broadcom (Dinari Tokenized Stock) →SpaceX (bStocks Tokenized Stock) →