Corning (bStocks Tokenized Stock) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 156.4× the size of Corning (bStocks Tokenized Stock) (GLWB) by market capitalisation. Over the past 90 days, SPCXB is ahead by 46.3 percentage points (GLWB -18.1% against SPCXB +28.2%). Their daily returns move loosely together (correlation 0.38 across 120 shared trading days). Both have run at a similar volatility, around 73% annualised.

Correlation: 0.38
Size ratio: 1 : 156.4
Ahead over 90 days: SPCXB

Corning (bStocks Tokenized Stock)GLWB

$123.2000

24h: -0.29%
Market cap: $1.25M
Volume 24h: $230,881
Volatility (ann.): 75%

SpaceX (bStocks Tokenized Stock)SPCXB

$132.5500

24h: -3.48%
Market cap: $195.62M
Volume 24h: $53.04M
Volatility (ann.): 71%

GLWB 0.6%Share of the two combined market caps99.4% SPCXB

Performance

GLWBSPCXB

7 days+0.78%-5.60%GLWB
30 days-22.90%-11.42%SPCXB
90 days-18.15%+28.18%SPCXB

Correlation

0.38over 120 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2990d: 0.381y: 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	GLWB	SPCXB
Max drawdown (400d)	-37.2%	-47.5%
Risk-adjusted return (90d)	-0.28	0.45

Relative strength over 90 days: SPCXB outperformed GLWB by 36.1% — measured on the GLWB/SPCXB ratio, so it holds regardless of market direction.

Corning (bStocks Tokenized Stock) →SpaceX (bStocks Tokenized Stock) →