Infleqtion Tokenized Stock (Reality) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 2881.5× the size of Infleqtion Tokenized Stock (Reality) (RINFQ) by market capitalisation. Their daily returns move barely together (correlation 0.06 across 25 shared trading days). SPCXB has been the more volatile of the two, at 73% annualised against RINFQ's 61%.

Correlation: 0.06
Size ratio: 1 : 2881.5

Infleqtion Tokenized Stock (Reality)RINFQ

$7.5900

24h: -10.41%
Market cap: $69,093
Volume 24h: $88,217
Volatility (ann.): 61%

SpaceX (bStocks Tokenized Stock)SPCXB

$127.4900

24h: -5.25%
Market cap: $199.09M
Volume 24h: $64.36M
Volatility (ann.): 73%

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

Performance

RINFQSPCXB

7 days-16.40%-12.85%SPCXB
30 days-12.57%-27.86%RINFQ
90 days—-8.57%—

Correlation

0.06over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0690d: 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	RINFQ	SPCXB
Max drawdown (400d)	-23.9%	-47.5%
Risk-adjusted return (90d)	-0.21	-0.15

Relative strength over 90 days: SPCXB outperformed RINFQ by 23.7% — measured on the RINFQ/SPCXB ratio, so it holds regardless of market direction.

Infleqtion Tokenized Stock (Reality) →SpaceX (bStocks Tokenized Stock) →