Quantinuum (bStocks Tokenized Stock) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 301.5× the size of Quantinuum (bStocks Tokenized Stock) (QNTB) by market capitalisation. Over the past 90 days, SPCXB is ahead by 70.2 percentage points (QNTB -42.0% against SPCXB +28.2%). Their daily returns move loosely together (correlation 0.49 across 105 shared trading days). QNTB has been the more volatile of the two, at 93% annualised against SPCXB's 71%.

Correlation: 0.49
Size ratio: 1 : 301.5
Ahead over 90 days: SPCXB

Quantinuum (bStocks Tokenized Stock)QNTB

$32.1200

24h: -0.35%
Market cap: $648,789
Volume 24h: $59,307
Volatility (ann.): 93%

SpaceX (bStocks Tokenized Stock)SPCXB

$132.5500

24h: -3.48%
Market cap: $195.62M
Volume 24h: $53.04M
Volatility (ann.): 71%

QNTB 0.3%Share of the two combined market caps99.7% SPCXB

Performance

QNTBSPCXB

7 days-18.33%-5.60%SPCXB
30 days-29.90%-11.42%SPCXB
90 days-42.01%+28.18%SPCXB

Correlation

0.49over 105 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3690d: 0.491y: 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	QNTB	SPCXB
Max drawdown (400d)	-56.1%	-47.5%
Risk-adjusted return (90d)	-0.45	0.45

Relative strength over 90 days: SPCXB outperformed QNTB by 54.8% — measured on the QNTB/SPCXB ratio, so it holds regardless of market direction.

Quantinuum (bStocks Tokenized Stock) →SpaceX (bStocks Tokenized Stock) →