GE Aerospace • Robinhood Token vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 6380.4× the size of GE Aerospace • Robinhood Token (GE) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.08 across 35 shared trading days). Both have run at a similar volatility, around 68% annualised.

Correlation: -0.08
Size ratio: 1 : 6380.4

GE Aerospace • Robinhood TokenGE

$333.3600

24h: —
Market cap: $28,426
Volume 24h: $650
Volatility (ann.): 64%

SpaceX (bStocks Tokenized Stock)SPCXB

$122.2300

24h: -10.41%
Market cap: $181.37M
Volume 24h: $39.91M
Volatility (ann.): 71%

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

Performance

GESPCXB

7 days+9.22%-6.33%GE
30 days+4.81%-21.79%GE
90 days—+17.70%—

Correlation

-0.08over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0890d: 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	GE	SPCXB
Max drawdown (400d)	-20.6%	-47.5%
Risk-adjusted return (90d)	0.07	0.28

Relative strength over 90 days: GE outperformed SPCXB by 15.3% — measured on the GE/SPCXB ratio, so it holds regardless of market direction.

GE Aerospace • Robinhood Token →SpaceX (bStocks Tokenized Stock) →