Goldman Sachs (bStocks Tokenized Stock) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 305.4× the size of Goldman Sachs (bStocks Tokenized Stock) (GSB) by market capitalisation. Over the past 90 days, SPCXB is ahead by 44.3 percentage points (GSB -16.1% against SPCXB +28.2%). Their daily returns move barely together (correlation 0.18 across 98 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against GSB's 25%.

Correlation: 0.18
Size ratio: 1 : 305.4
Ahead over 90 days: SPCXB

Goldman Sachs (bStocks Tokenized Stock)GSB

$917.9900

24h: +0.02%
Market cap: $651,616
Volume 24h: $44,293
Volatility (ann.): 25%

SpaceX (bStocks Tokenized Stock)SPCXB

$136.0300

24h: -3.98%
Market cap: $199.01M
Volume 24h: $67.79M
Volatility (ann.): 71%

GSB 0.3%Share of the two combined market caps99.7% SPCXB

Performance

GSBSPCXB

7 days-1.88%-5.60%GSB
30 days-1.06%-11.42%GSB
90 days-16.10%+28.18%SPCXB

Correlation

0.18over 98 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1190d: 0.211y: 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	GSB	SPCXB
Max drawdown (400d)	-17.9%	-47.5%
Risk-adjusted return (90d)	-0.68	0.45

Relative strength over 90 days: SPCXB outperformed GSB by 34.5% — measured on the GSB/SPCXB ratio, so it holds regardless of market direction.

Goldman Sachs (bStocks Tokenized Stock) →SpaceX (bStocks Tokenized Stock) →