T-Mobile US Tokenized Stock (Reality) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 7890.1× the size of T-Mobile US Tokenized Stock (Reality) (RTMUS) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.26 across 25 shared trading days). Both have run at a similar volatility, around 69% annualised.

Correlation: -0.26
Size ratio: 1 : 7890.1

T-Mobile US Tokenized Stock (Reality)RTMUS

$159.0700

24h: +3.69%
Market cap: $24,820
Volume 24h: $1,492
Volatility (ann.): 66%

SpaceX (bStocks Tokenized Stock)SPCXB

$123.5200

24h: -8.86%
Market cap: $195.83M
Volume 24h: $54.37M
Volatility (ann.): 71%

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

Performance

RTMUSSPCXB

7 days-7.75%-6.33%SPCXB
30 days-16.72%-21.79%RTMUS
90 days—+17.70%—

Correlation

-0.26over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2690d: 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	RTMUS	SPCXB
Max drawdown (400d)	-18.5%	-47.5%
Risk-adjusted return (90d)	-0.25	0.28

Relative strength over 90 days: SPCXB outperformed RTMUS by 24.3% — measured on the RTMUS/SPCXB ratio, so it holds regardless of market direction.

T-Mobile US Tokenized Stock (Reality) →SpaceX (bStocks Tokenized Stock) →