Exxon Mobil xStock vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 280.2× the size of Exxon Mobil xStock (XOMX) by market capitalisation. Over the past 90 days, SPCXB is ahead by 5.2 percentage points (XOMX +23.0% against SPCXB +28.2%). Their daily returns move loosely in opposite directions (correlation -0.38 across 113 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against XOMX's 35%.

Correlation: -0.38
Size ratio: 1 : 280.2
Ahead over 90 days: SPCXB

Exxon Mobil xStockXOMX

$178.7000

24h: -2.13%
Market cap: $689,560
Volume 24h: $4,154
Volatility (ann.): 35%

SpaceX (bStocks Tokenized Stock)SPCXB

$132.6000

24h: -4.38%
Market cap: $193.24M
Volume 24h: $53.14M
Volatility (ann.): 71%

XOMX 0.4%Share of the two combined market caps99.6% SPCXB

Performance

XOMXSPCXB

7 days+0.11%-5.60%XOMX
30 days-0.63%-11.42%XOMX
90 days+22.97%+28.18%SPCXB

Correlation

-0.38over 113 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3490d: -0.361y: 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	XOMX	SPCXB
Max drawdown (400d)	-21.1%	-47.5%
Risk-adjusted return (90d)	0.69	0.45

Relative strength over 90 days: XOMX outperformed SPCXB by 23.7% — measured on the XOMX/SPCXB ratio, so it holds regardless of market direction.

Exxon Mobil xStock →SpaceX (bStocks Tokenized Stock) →