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

SpaceX (bStocks Tokenized Stock) (SPCXB) is 11.7× the size of SpaceX Tokenized Stock (Reality) (RSPCX) by market capitalisation. Their daily returns move very closely together (correlation 0.95 across 41 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against RSPCX's 42%.

Correlation: 0.95
Size ratio: 1 : 11.7

SpaceX Tokenized Stock (Reality)RSPCX

$136.0200

24h: -0.98%
Market cap: $16.38M
Volume 24h: $881,249
Volatility (ann.): 42%

SpaceX (bStocks Tokenized Stock)SPCXB

$130.8200

24h: -4.65%
Market cap: $191.70M
Volume 24h: $48.16M
Volatility (ann.): 71%

RSPCX 7.9%Share of the two combined market caps92.1% SPCXB

Performance

RSPCXSPCXB

7 days-5.71%-5.60%SPCXB
30 days-8.27%-11.42%RSPCX
90 days—+28.18%—

Correlation

0.95over 41 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.9390d: 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	RSPCX	SPCXB
Max drawdown (400d)	-12.1%	-47.5%
Risk-adjusted return (90d)	0.02	0.45

Relative strength over 90 days: RSPCX outperformed SPCXB by 0.7% — measured on the RSPCX/SPCXB ratio, so it holds regardless of market direction.

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