Constellation Energy Tokenized Stock (Reality) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 4487.3× the size of Constellation Energy Tokenized Stock (Reality) (RCEG) by market capitalisation. Their daily returns move barely together (correlation 0.08 across 26 shared trading days). SPCXB has been the more volatile of the two, at 73% annualised against RCEG's 61%.

Correlation: 0.08
Size ratio: 1 : 4487.3

Constellation Energy Tokenized Stock (Reality)RCEG

$239.7400

24h: -2.01%
Market cap: $44,253
Volume 24h: $7,129
Volatility (ann.): 61%

SpaceX (bStocks Tokenized Stock)SPCXB

$126.8600

24h: -5.32%
Market cap: $198.58M
Volume 24h: $61.77M
Volatility (ann.): 73%

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

Performance

RCEGSPCXB

7 days+9.62%-12.85%RCEG
30 days+12.92%-27.86%RCEG
90 days—-8.57%—

Correlation

0.08over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0890d: 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	RCEG	SPCXB
Max drawdown (400d)	-5.2%	-47.5%
Risk-adjusted return (90d)	0.21	-0.15

Relative strength over 90 days: RCEG outperformed SPCXB by 2.7% — measured on the RCEG/SPCXB ratio, so it holds regardless of market direction.

Constellation Energy Tokenized Stock (Reality) →SpaceX (bStocks Tokenized Stock) →