Micron Technology (bStocks Tokenized Stock) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 2.6× the size of Micron Technology (bStocks Tokenized Stock) (MUB) by market capitalisation. Over the past 90 days, SPCXB is ahead by 28.8 percentage points (MUB -11.1% against SPCXB +17.7%). Their daily returns move barely together (correlation 0.18 across 146 shared trading days). MUB has been the more volatile of the two, at 90% annualised against SPCXB's 71%.

Correlation: 0.18
Size ratio: 1 : 2.6
Ahead over 90 days: SPCXB

Micron Technology (bStocks Tokenized Stock)MUB

$782.2200

24h: -8.02%
Market cap: $76.48M
Volume 24h: $32.44M
Volatility (ann.): 90%

SpaceX (bStocks Tokenized Stock)SPCXB

$134.6500

24h: -4.08%
Market cap: $201.73M
Volume 24h: $71.76M
Volatility (ann.): 71%

MUB 27.5%Share of the two combined market caps72.5% SPCXB

Performance

MUBSPCXB

7 days-17.48%-6.33%SPCXB
30 days-25.61%-21.79%SPCXB
90 days-11.13%+17.70%SPCXB

Correlation

0.18over 146 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5690d: 0.261y: 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	MUB	SPCXB
Max drawdown (400d)	-40.3%	-47.5%
Risk-adjusted return (90d)	-0.18	0.28

Relative strength over 90 days: SPCXB outperformed MUB by 24.5% — measured on the MUB/SPCXB ratio, so it holds regardless of market direction.

Micron Technology (bStocks Tokenized Stock) →SpaceX (bStocks Tokenized Stock) →