GE Vernova (Ondo Tokenized) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 225.4× the size of GE Vernova (Ondo Tokenized) (GEVON) by market capitalisation. Over the past 90 days, SPCXB is ahead by 47.6 percentage points (GEVON -19.4% against SPCXB +28.2%). Their daily returns move barely together (correlation 0.22 across 109 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against GEVON's 55%.

Correlation: 0.22
Size ratio: 1 : 225.4
Ahead over 90 days: SPCXB

GE Vernova (Ondo Tokenized)GEVON

$902.8100

24h: +4.08%
Market cap: $867,882
Volume 24h: $189,830
Volatility (ann.): 55%

SpaceX (bStocks Tokenized Stock)SPCXB

$132.9200

24h: -3.48%
Market cap: $195.62M
Volume 24h: $53.04M
Volatility (ann.): 71%

GEVON 0.4%Share of the two combined market caps99.6% SPCXB

Performance

GEVONSPCXB

7 days-1.11%-5.60%GEVON
30 days+2.77%-11.42%GEVON
90 days-19.45%+28.18%SPCXB

Correlation

0.22over 109 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3790d: 0.251y: 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	GEVON	SPCXB
Max drawdown (400d)	-25.2%	-47.5%
Risk-adjusted return (90d)	-0.38	0.45

Relative strength over 90 days: SPCXB outperformed GEVON by 5.1% — measured on the GEVON/SPCXB ratio, so it holds regardless of market direction.

GE Vernova (Ondo Tokenized) →SpaceX (bStocks Tokenized Stock) →