Galaxy Digital Tokenized Stock (Reality) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 3957.0× the size of Galaxy Digital Tokenized Stock (Reality) (RGLXY) by market capitalisation. Their daily returns move barely together (correlation 0.20 across 25 shared trading days). RGLXY has been the more volatile of the two, at 109% annualised against SPCXB's 73%.

Correlation: 0.20
Size ratio: 1 : 3957.0

Galaxy Digital Tokenized Stock (Reality)RGLXY

$14.0600

24h: -12.78%
Market cap: $51,001
Volume 24h: $25,496
Volatility (ann.): 109%

SpaceX (bStocks Tokenized Stock)SPCXB

$127.6200

24h: -5.04%
Market cap: $201.81M
Volume 24h: $60.61M
Volatility (ann.): 73%

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

Performance

RGLXYSPCXB

7 days+9.24%-12.85%RGLXY
30 days-19.33%-27.86%RGLXY
90 days—-8.57%—

Correlation

0.20over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2090d: 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	RGLXY	SPCXB
Max drawdown (400d)	-36.8%	-47.5%
Risk-adjusted return (90d)	-0.18	-0.15

Relative strength over 90 days: SPCXB outperformed RGLXY by 14.6% — measured on the RGLXY/SPCXB ratio, so it holds regardless of market direction.

Galaxy Digital Tokenized Stock (Reality) →SpaceX (bStocks Tokenized Stock) →