SoFi Technologies (Ondo Tokenized Stock) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 16.2× the size of SoFi Technologies (Ondo Tokenized Stock) (SOFION) by market capitalisation. Over the past 90 days, SPCXB is ahead by 33.2 percentage points (SOFION -5.0% against SPCXB +28.2%). Their daily returns move barely together (correlation 0.29 across 117 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against SOFION's 60%.

Correlation: 0.29
Size ratio: 1 : 16.2
Ahead over 90 days: SPCXB

SoFi Technologies (Ondo Tokenized Stock)SOFION

$16.4900

24h: -1.08%
Market cap: $12.39M
Volume 24h: $235,455
Volatility (ann.): 60%

SpaceX (bStocks Tokenized Stock)SPCXB

$135.9600

24h: -3.65%
Market cap: $201.00M
Volume 24h: $68.52M
Volatility (ann.): 71%

SOFION 5.8%Share of the two combined market caps94.2% SPCXB

Performance

SOFIONSPCXB

7 days+15.28%-5.60%SOFION
30 days-7.25%-11.42%SOFION
90 days-4.99%+28.18%SPCXB

Correlation

0.29over 117 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0390d: 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	SOFION	SPCXB
Max drawdown (400d)	-45.1%	-47.5%
Risk-adjusted return (90d)	-0.08	0.45

Relative strength over 90 days: SOFION outperformed SPCXB by 0.5% — measured on the SOFION/SPCXB ratio, so it holds regardless of market direction.

SoFi Technologies (Ondo Tokenized Stock) →SpaceX (bStocks Tokenized Stock) →