MARA Holdings (Ondo Tokenized Stock) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 870.8× the size of MARA Holdings (Ondo Tokenized Stock) (MARAON) by market capitalisation. Over the past 90 days, SPCXB is ahead by 61.7 percentage points (MARAON -44.0% against SPCXB +17.7%). Their daily returns move barely together (correlation 0.04 across 111 shared trading days). MARAON has been the more volatile of the two, at 109% annualised against SPCXB's 71%.

Correlation: 0.04
Size ratio: 1 : 870.8
Ahead over 90 days: SPCXB

MARA Holdings (Ondo Tokenized Stock)MARAON

$6.9100

24h: -0.62%
Market cap: $225,855
Volume 24h: $1.14M
Volatility (ann.): 109%

SpaceX (bStocks Tokenized Stock)SPCXB

$133.1900

24h: -1.47%
Market cap: $196.69M
Volume 24h: $57.44M
Volatility (ann.): 71%

MARAON 0.1%Share of the two combined market caps99.9% SPCXB

Performance

MARAONSPCXB

7 days-48.55%-6.33%SPCXB
30 days-35.63%-21.79%SPCXB
90 days-43.97%+17.70%SPCXB

Correlation

0.04over 111 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1390d: 0.061y: 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	MARAON	SPCXB
Max drawdown (400d)	-53.6%	-47.5%
Risk-adjusted return (90d)	-0.32	0.28

Relative strength over 90 days: SPCXB outperformed MARAON by 39.6% — measured on the MARAON/SPCXB ratio, so it holds regardless of market direction.

MARA Holdings (Ondo Tokenized Stock) →SpaceX (bStocks Tokenized Stock) →