Fluence Energy (bStocks Tokenized Stock) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 208.6× the size of Fluence Energy (bStocks Tokenized Stock) (FLNCB) by market capitalisation. Over the past 90 days, SPCXB is ahead by 77.1 percentage points (FLNCB -48.9% against SPCXB +28.2%). Their daily returns move barely together (correlation 0.23 across 98 shared trading days). FLNCB has been the more volatile of the two, at 109% annualised against SPCXB's 71%.

Correlation: 0.23
Size ratio: 1 : 208.6
Ahead over 90 days: SPCXB

Fluence Energy (bStocks Tokenized Stock)FLNCB

$6.4500

24h: -0.19%
Market cap: $974,478
Volume 24h: $128,425
Volatility (ann.): 109%

SpaceX (bStocks Tokenized Stock)SPCXB

$138.5000

24h: -2.94%
Market cap: $203.25M
Volume 24h: $67.85M
Volatility (ann.): 71%

FLNCB 0.5%Share of the two combined market caps99.5% SPCXB

Performance

FLNCBSPCXB

7 days-9.05%-5.60%SPCXB
30 days-27.24%-11.42%SPCXB
90 days-48.94%+28.18%SPCXB

Correlation

0.23over 98 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4490d: 0.161y: 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	FLNCB	SPCXB
Max drawdown (400d)	-66.8%	-47.5%
Risk-adjusted return (90d)	-0.57	0.45

Relative strength over 90 days: SPCXB outperformed FLNCB by 60.2% — measured on the FLNCB/SPCXB ratio, so it holds regardless of market direction.

Fluence Energy (bStocks Tokenized Stock) →SpaceX (bStocks Tokenized Stock) →