Meta Platforms (bStocks Tokenized Stock) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 195.9× the size of Meta Platforms (bStocks Tokenized Stock) (METAB) by market capitalisation. Over the past 90 days, SPCXB is ahead by 23.0 percentage points (METAB +5.2% against SPCXB +28.2%). Their daily returns move barely together (correlation 0.06 across 127 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against METAB's 49%.

Correlation: 0.06
Size ratio: 1 : 195.9
Ahead over 90 days: SPCXB

Meta Platforms (bStocks Tokenized Stock)METAB

$629.1500

24h: +0.30%
Market cap: $1.01M
Volume 24h: $175,586
Volatility (ann.): 49%

SpaceX (bStocks Tokenized Stock)SPCXB

$134.0400

24h: -5.02%
Market cap: $198.24M
Volume 24h: $69.93M
Volatility (ann.): 71%

METAB 0.5%Share of the two combined market caps99.5% SPCXB

Performance

METABSPCXB

7 days+0.30%-5.60%METAB
30 days-14.62%-11.42%SPCXB
90 days+5.18%+28.18%SPCXB

Correlation

0.06over 127 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3990d: 0.081y: 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	METAB	SPCXB
Max drawdown (400d)	-21.3%	-47.5%
Risk-adjusted return (90d)	0.12	0.45

Relative strength over 90 days: SPCXB outperformed METAB by 17.9% — measured on the METAB/SPCXB ratio, so it holds regardless of market direction.

Meta Platforms (bStocks Tokenized Stock) →SpaceX (bStocks Tokenized Stock) →