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

SpaceX (bStocks Tokenized Stock) (SPCXB) is 1558.6× the size of Meta Platforms (Dinari Tokenized Stock) (META) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.03 across 31 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against META's 55%.

Correlation: -0.03
Size ratio: 1 : 1558.6

Meta Platforms (Dinari Tokenized Stock)META

$626.6000

24h: +2.17%
Market cap: $117,869
Volume 24h: $998
Volatility (ann.): 55%

SpaceX (bStocks Tokenized Stock)SPCXB

$124.3500

24h: -11.19%
Market cap: $183.71M
Volume 24h: $35.96M
Volatility (ann.): 71%

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

Performance

METASPCXB

7 days-6.51%-6.33%SPCXB
30 days+25.72%-21.79%META
90 days—+17.70%—

Correlation

-0.03over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0390d: 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	META	SPCXB
Max drawdown (400d)	-8.0%	-47.5%
Risk-adjusted return (90d)	0.46	0.28

Relative strength over 90 days: META outperformed SPCXB by 20.0% — measured on the META/SPCXB ratio, so it holds regardless of market direction.

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