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

SpaceX (bStocks Tokenized Stock) (SPCXB) is 11351.4× the size of Intuit Tokenized Stock (Reality) (RINTU) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.10 across 26 shared trading days). SPCXB has been the more volatile of the two, at 73% annualised against RINTU's 38%.

Correlation: -0.10
Size ratio: 1 : 11351.4

Intuit Tokenized Stock (Reality)RINTU

$352.1800

24h: -1.44%
Market cap: $17,579
Volume 24h: $189
Volatility (ann.): 38%

SpaceX (bStocks Tokenized Stock)SPCXB

$127.6800

24h: -5.07%
Market cap: $199.55M
Volume 24h: $61.54M
Volatility (ann.): 73%

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

Performance

RINTUSPCXB

7 days+7.34%-12.85%RINTU
30 days-7.15%-27.86%RINTU
90 days—-8.57%—

Correlation

-0.10over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1090d: 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	RINTU	SPCXB
Max drawdown (400d)	-18.5%	-47.5%
Risk-adjusted return (90d)	-0.19	-0.15

Relative strength over 90 days: SPCXB outperformed RINTU by 15.6% — measured on the RINTU/SPCXB ratio, so it holds regardless of market direction.

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