RTX Tokenized Stock (Reality) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 12249.1× the size of RTX Tokenized Stock (Reality) (RRTX) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.09 across 25 shared trading days). SPCXB has been the more volatile of the two, at 73% annualised against RRTX's 21%.

Correlation: -0.09
Size ratio: 1 : 12249.1

RTX Tokenized Stock (Reality)RRTX

$191.2600

24h: -3.52%
Market cap: $16,239
Volume 24h: $29,102
Volatility (ann.): 21%

SpaceX (bStocks Tokenized Stock)SPCXB

$126.9500

24h: -5.29%
Market cap: $198.92M
Volume 24h: $64.03M
Volatility (ann.): 73%

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

Performance

RRTXSPCXB

7 days+3.68%-12.85%RRTX
30 days-4.31%-27.86%RRTX
90 days—-8.57%—

Correlation

-0.09over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0990d: 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	RRTX	SPCXB
Max drawdown (400d)	-8.5%	-47.5%
Risk-adjusted return (90d)	-0.20	-0.15

Relative strength over 90 days: SPCXB outperformed RRTX by 7.8% — measured on the RRTX/SPCXB ratio, so it holds regardless of market direction.

RTX Tokenized Stock (Reality) →SpaceX (bStocks Tokenized Stock) →