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

SpaceX (bStocks Tokenized Stock) (SPCXB) is 4740.5× the size of Strive Preferred Tokenized Stock (Reality) (RSATA) by market capitalisation. Their daily returns move barely together (correlation 0.25 across 25 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against RSATA's 4%.

Correlation: 0.25
Size ratio: 1 : 4740.5

Strive Preferred Tokenized Stock (Reality)RSATA

$97.7300

24h: +4.63%
Market cap: $38,753
Volume 24h: $7,708
Volatility (ann.): 4%

SpaceX (bStocks Tokenized Stock)SPCXB

$123.5700

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

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

Performance

RSATASPCXB

7 days-1.07%-6.33%RSATA
30 days-0.96%-21.79%RSATA
90 days—+17.70%—

Correlation

0.25over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2590d: 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	RSATA	SPCXB
Max drawdown (400d)	-1.1%	-47.5%
Risk-adjusted return (90d)	-0.27	0.28

Relative strength over 90 days: SPCXB outperformed RSATA by 6.0% — measured on the RSATA/SPCXB ratio, so it holds regardless of market direction.

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