Rigetti Computing (Ondo Tokenized) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 1455.2× the size of Rigetti Computing (Ondo Tokenized) (RGTION) by market capitalisation. Over the past 90 days, SPCXB is ahead by 33.3 percentage points (RGTION -15.6% against SPCXB +17.7%). Their daily returns move loosely together (correlation 0.39 across 109 shared trading days). RGTION has been the more volatile of the two, at 110% annualised against SPCXB's 71%.

Correlation: 0.39
Size ratio: 1 : 1455.2
Ahead over 90 days: SPCXB

Rigetti Computing (Ondo Tokenized)RGTION

$11.1300

24h: +3.57%
Market cap: $134,354
Volume 24h: $159,668
Volatility (ann.): 110%

SpaceX (bStocks Tokenized Stock)SPCXB

$131.9000

24h: -1.07%
Market cap: $195.52M
Volume 24h: $44.00M
Volatility (ann.): 71%

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

Performance

RGTIONSPCXB

7 days-3.04%-6.33%RGTION
30 days+3.83%-21.79%RGTION
90 days-15.61%+17.70%SPCXB

Correlation

0.39over 109 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4690d: 0.481y: 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	RGTION	SPCXB
Max drawdown (400d)	-52.0%	-47.5%
Risk-adjusted return (90d)	-0.18	0.28

Relative strength over 90 days: SPCXB outperformed RGTION by 0.6% — measured on the RGTION/SPCXB ratio, so it holds regardless of market direction.

Rigetti Computing (Ondo Tokenized) →SpaceX (bStocks Tokenized Stock) →