Quantum Computing Tokenized Stock (Reality) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 4742.8× the size of Quantum Computing Tokenized Stock (Reality) (RQUBT) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.11 across 25 shared trading days). SPCXB has been the more volatile of the two, at 73% annualised against RQUBT's 43%.

Correlation: -0.11
Size ratio: 1 : 4742.8

Quantum Computing Tokenized Stock (Reality)RQUBT

$5.7000

24h: -10.11%
Market cap: $41,829
Volume 24h: $134,212
Volatility (ann.): 43%

SpaceX (bStocks Tokenized Stock)SPCXB

$126.6900

24h: -5.06%
Market cap: $198.39M
Volume 24h: $62.62M
Volatility (ann.): 73%

RQUBT 0.0%Share of the two combined market caps100.0% SPCXB

Performance

RQUBTSPCXB

7 days-9.02%-12.85%RQUBT
30 days-4.85%-27.86%RQUBT
90 days—-8.57%—

Correlation

-0.11over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1190d: 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	RQUBT	SPCXB
Max drawdown (400d)	-18.9%	-47.5%
Risk-adjusted return (90d)	-0.11	-0.15

Relative strength over 90 days: SPCXB outperformed RQUBT by 17.0% — measured on the RQUBT/SPCXB ratio, so it holds regardless of market direction.

Quantum Computing Tokenized Stock (Reality) →SpaceX (bStocks Tokenized Stock) →