Intuitive Machines Tokenized Stock (Reality) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 3939.1× the size of Intuitive Machines Tokenized Stock (Reality) (RLUNR) by market capitalisation. Their daily returns move barely together (correlation 0.21 across 25 shared trading days). RLUNR has been the more volatile of the two, at 85% annualised against SPCXB's 73%.

Correlation: 0.21
Size ratio: 1 : 3939.1

Intuitive Machines Tokenized Stock (Reality)RLUNR

$8.7900

24h: -11.53%
Market cap: $50,498
Volume 24h: $16,587
Volatility (ann.): 85%

SpaceX (bStocks Tokenized Stock)SPCXB

$126.7800

24h: -5.29%
Market cap: $198.92M
Volume 24h: $64.03M
Volatility (ann.): 73%

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

Performance

RLUNRSPCXB

7 days-9.87%-12.85%RLUNR
30 days-7.08%-27.86%RLUNR
90 days—-8.57%—

Correlation

0.21over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2190d: 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	RLUNR	SPCXB
Max drawdown (400d)	-20.9%	-47.5%
Risk-adjusted return (90d)	-0.08	-0.15

Relative strength over 90 days: SPCXB outperformed RLUNR by 15.5% — measured on the RLUNR/SPCXB ratio, so it holds regardless of market direction.

Intuitive Machines Tokenized Stock (Reality) →SpaceX (bStocks Tokenized Stock) →