SpaceX (Anchored Tokenized Stock) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 307570.3× the size of SpaceX (Anchored Tokenized Stock) (ASPCX) by market capitalisation. Their daily returns move closely together (correlation 0.70 across 31 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against ASPCX's 61%.

Correlation: 0.70
Size ratio: 1 : 307570.3

SpaceX (Anchored Tokenized Stock)ASPCX

$136.2800

24h: -0.85%
Market cap: $639
Volume 24h: —
Volatility (ann.): 61%

SpaceX (bStocks Tokenized Stock)SPCXB

$133.5500

24h: -1.47%
Market cap: $196.41M
Volume 24h: $66.66M
Volatility (ann.): 71%

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

Performance

ASPCXSPCXB

7 days+0.50%-6.33%ASPCX
30 days-0.63%-21.79%ASPCX
90 days—+17.70%—

Correlation

0.70over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7090d: 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	ASPCX	SPCXB
Max drawdown (400d)	-16.9%	-47.5%
Risk-adjusted return (90d)	-0.01	0.28

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

SpaceX (Anchored Tokenized Stock) →SpaceX (bStocks Tokenized Stock) →