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

SpaceX (bStocks Tokenized Stock) (SPCXB) is 204968.1× the size of Stryker Tokenized Stock (Reality) (RSYK) by market capitalisation. Their daily returns move loosely together (correlation 0.40 across 25 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against RSYK's 29%.

Correlation: 0.40
Size ratio: 1 : 204968.1

Stryker Tokenized Stock (Reality)RSYK

$310.2000

24h: +1.65%
Market cap: $953
Volume 24h: $60
Volatility (ann.): 29%

SpaceX (bStocks Tokenized Stock)SPCXB

$133.6300

24h: -2.81%
Market cap: $195.30M
Volume 24h: $66.65M
Volatility (ann.): 71%

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

Performance

RSYKSPCXB

7 days+6.83%-6.33%RSYK
30 days+10.09%-21.79%RSYK
90 days—+17.70%—

Correlation

0.40over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4090d: 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	RSYK	SPCXB
Max drawdown (400d)	-4.7%	-47.5%
Risk-adjusted return (90d)	0.34	0.28

Relative strength over 90 days: RSYK outperformed SPCXB by 7.3% — measured on the RSYK/SPCXB ratio, so it holds regardless of market direction.

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