General Electric Tokenized Stock (Reality) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 2310.9× the size of General Electric Tokenized Stock (Reality) (RGE) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.04 across 25 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against RGE's 18%.

Correlation: -0.04
Size ratio: 1 : 2310.9

General Electric Tokenized Stock (Reality)RGE

$329.1300

24h: +3.65%
Market cap: $79,496
Volume 24h: $49,665
Volatility (ann.): 18%

SpaceX (bStocks Tokenized Stock)SPCXB

$124.3500

24h: -11.19%
Market cap: $183.71M
Volume 24h: $35.96M
Volatility (ann.): 71%

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

Performance

RGESPCXB

7 days-0.64%-6.33%RGE
30 days+0.19%-21.79%RGE
90 days—+17.70%—

Correlation

-0.04over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0490d: 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	RGE	SPCXB
Max drawdown (400d)	-6.1%	-47.5%
Risk-adjusted return (90d)	0.01	0.28

Relative strength over 90 days: SPCXB outperformed RGE by 4.9% — measured on the RGE/SPCXB ratio, so it holds regardless of market direction.

General Electric Tokenized Stock (Reality) →SpaceX (bStocks Tokenized Stock) →