Exxon Mobil Tokenized Stock (Reality) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 8653.3× the size of Exxon Mobil Tokenized Stock (Reality) (RXOM) by market capitalisation. Their daily returns move loosely in opposite directions (correlation -0.51 across 25 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against RXOM's 24%.

Correlation: -0.51
Size ratio: 1 : 8653.3

Exxon Mobil Tokenized Stock (Reality)RXOM

$169.9200

24h: -3.85%
Market cap: $22,631
Volume 24h: $36,257
Volatility (ann.): 24%

SpaceX (bStocks Tokenized Stock)SPCXB

$123.4800

24h: -8.86%
Market cap: $195.83M
Volume 24h: $54.37M
Volatility (ann.): 71%

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

Performance

RXOMSPCXB

7 days+5.82%-6.33%RXOM
30 days+2.89%-21.79%RXOM
90 days—+17.70%—

Correlation

-0.51over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.5190d: 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	RXOM	SPCXB
Max drawdown (400d)	-6.3%	-47.5%
Risk-adjusted return (90d)	0.12	0.28

Relative strength over 90 days: SPCXB outperformed RXOM by 2.3% — measured on the RXOM/SPCXB ratio, so it holds regardless of market direction.

Exxon Mobil Tokenized Stock (Reality) →SpaceX (bStocks Tokenized Stock) →