Disney (Ondo Tokenized Stock) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 180.8× the size of Disney (Ondo Tokenized Stock) (DISON) by market capitalisation. Over the past 90 days, SPCXB is ahead by 17.5 percentage points (DISON +10.7% against SPCXB +28.2%). Their daily returns move barely together (correlation 0.07 across 109 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against DISON's 26%.

Correlation: 0.07
Size ratio: 1 : 180.8
Ahead over 90 days: SPCXB

Disney (Ondo Tokenized Stock)DISON

$115.0600

24h: +1.27%
Market cap: $1.08M
Volume 24h: $181,799
Volatility (ann.): 26%

SpaceX (bStocks Tokenized Stock)SPCXB

$132.9200

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

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

Performance

DISONSPCXB

7 days+3.07%-5.60%DISON
30 days-0.95%-11.42%DISON
90 days+10.66%+28.18%SPCXB

Correlation

0.07over 109 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1990d: 0.041y: 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	DISON	SPCXB
Max drawdown (400d)	-13.8%	-47.5%
Risk-adjusted return (90d)	0.40	0.45

Relative strength over 90 days: DISON outperformed SPCXB by 30.4% — measured on the DISON/SPCXB ratio, so it holds regardless of market direction.

Disney (Ondo Tokenized Stock) →SpaceX (bStocks Tokenized Stock) →