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

SpaceX (bStocks Tokenized Stock) (SPCXB) is 4372.4× the size of SoFi Technologies Tokenized Stock (Reality) (RSOFI) by market capitalisation. Their daily returns move barely together (correlation 0.17 across 25 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against RSOFI's 25%.

Correlation: 0.17
Size ratio: 1 : 4372.4

SoFi Technologies Tokenized Stock (Reality)RSOFI

$17.2800

24h: —
Market cap: $42,016
Volume 24h: $41
Volatility (ann.): 25%

SpaceX (bStocks Tokenized Stock)SPCXB

$124.3500

24h: -11.19%
Market cap: $183.71M
Volume 24h: $35.96M
Volatility (ann.): 71%

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

Performance

RSOFISPCXB

7 days-1.08%-6.33%RSOFI
30 days-8.67%-21.79%RSOFI
90 days—+17.70%—

Correlation

0.17over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1790d: 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	RSOFI	SPCXB
Max drawdown (400d)	-9.1%	-47.5%
Risk-adjusted return (90d)	-0.35	0.28

Relative strength over 90 days: SPCXB outperformed RSOFI by 19.9% — measured on the RSOFI/SPCXB ratio, so it holds regardless of market direction.

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