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

SpaceX (bStocks Tokenized Stock) (SPCXB) is 3655.1× the size of Lockheed Tokenized Stock (Reality) (RLMT) by market capitalisation. Their daily returns move barely together (correlation 0.01 across 25 shared trading days). SPCXB has been the more volatile of the two, at 73% annualised against RLMT's 16%.

Correlation: 0.01
Size ratio: 1 : 3655.1

Lockheed Tokenized Stock (Reality)RLMT

$595.7700

24h: -6.58%
Market cap: $55,214
Volume 24h: $33,792
Volatility (ann.): 16%

SpaceX (bStocks Tokenized Stock)SPCXB

$127.6200

24h: -5.04%
Market cap: $201.81M
Volume 24h: $60.61M
Volatility (ann.): 73%

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

Performance

RLMTSPCXB

7 days+0.27%-12.85%RLMT
30 days-4.85%-27.86%RLMT
90 days—-8.57%—

Correlation

0.01over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0190d: 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	RLMT	SPCXB
Max drawdown (400d)	-7.2%	-47.5%
Risk-adjusted return (90d)	-0.29	-0.15

Relative strength over 90 days: SPCXB outperformed RLMT by 16.5% — measured on the RLMT/SPCXB ratio, so it holds regardless of market direction.

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