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

SpaceX (bStocks Tokenized Stock) (SPCXB) is 20663.1× the size of STMicroelectronics Tokenized Stock (Reality) (RSTM) by market capitalisation. Their daily returns move loosely together (correlation 0.57 across 26 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against RSTM's 52%.

Correlation: 0.57
Size ratio: 1 : 20663.1

STMicroelectronics Tokenized Stock (Reality)RSTM

$44.9000

24h: -5.37%
Market cap: $9,504
Volume 24h: $11,152
Volatility (ann.): 52%

SpaceX (bStocks Tokenized Stock)SPCXB

$133.1500

24h: -1.33%
Market cap: $196.38M
Volume 24h: $57.23M
Volatility (ann.): 71%

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

Performance

RSTMSPCXB

7 days-9.47%-6.33%SPCXB
30 days-11.52%-21.79%RSTM
90 days—+17.70%—

Correlation

0.57over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5790d: 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	RSTM	SPCXB
Max drawdown (400d)	-22.8%	-47.5%
Risk-adjusted return (90d)	-0.22	0.28

Relative strength over 90 days: SPCXB outperformed RSTM by 15.3% — measured on the RSTM/SPCXB ratio, so it holds regardless of market direction.

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