Galaxy Digital Inc. • Robinhood Token vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 659.5× the size of Galaxy Digital Inc. • Robinhood Token (GLXY) by market capitalisation. Their daily returns move loosely together (correlation 0.55 across 39 shared trading days). GLXY has been the more volatile of the two, at 130% annualised against SPCXB's 71%.

Correlation: 0.55
Size ratio: 1 : 659.5

Galaxy Digital Inc. • Robinhood TokenGLXY

$14.0500

24h: -12.20%
Market cap: $297,766
Volume 24h: $200,448
Volatility (ann.): 130%

SpaceX (bStocks Tokenized Stock)SPCXB

$133.1500

24h: -1.33%
Market cap: $196.38M
Volume 24h: $57.23M
Volatility (ann.): 71%

GLXY 0.2%Share of the two combined market caps99.8% SPCXB

Performance

GLXYSPCXB

7 days-26.38%-6.33%SPCXB
30 days-44.69%-21.79%SPCXB
90 days—+17.70%—

Correlation

0.55over 39 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4890d: 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	GLXY	SPCXB
Max drawdown (400d)	-49.6%	-47.5%
Risk-adjusted return (90d)	-0.32	0.28

Relative strength over 90 days: SPCXB outperformed GLXY by 38.5% — measured on the GLXY/SPCXB ratio, so it holds regardless of market direction.

Galaxy Digital Inc. • Robinhood Token →SpaceX (bStocks Tokenized Stock) →