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

SpaceX (bStocks Tokenized Stock) (SPCXB) is 3774.4× the size of GE Vernova Tokenized Stock (Reality) (RGEV) by market capitalisation. Their daily returns move barely together (correlation 0.23 across 26 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against RGEV's 32%.

Correlation: 0.23
Size ratio: 1 : 3774.4

GE Vernova Tokenized Stock (Reality)RGEV

$818.8900

24h: -8.50%
Market cap: $51,885
Volume 24h: $47,436
Volatility (ann.): 32%

SpaceX (bStocks Tokenized Stock)SPCXB

$123.4800

24h: -8.86%
Market cap: $195.83M
Volume 24h: $54.37M
Volatility (ann.): 71%

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

Performance

RGEVSPCXB

7 days+0.21%-6.33%RGEV
30 days+12.44%-21.79%RGEV
90 days—+17.70%—

Correlation

0.23over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2390d: 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	RGEV	SPCXB
Max drawdown (400d)	-3.6%	-47.5%
Risk-adjusted return (90d)	0.39	0.28

Relative strength over 90 days: RGEV outperformed SPCXB by 2.3% — measured on the RGEV/SPCXB ratio, so it holds regardless of market direction.

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