Take-Two Interactive Software Tokenized Stock (Reality) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 1049.6× the size of Take-Two Interactive Software Tokenized Stock (Reality) (RTTWO) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.02 across 25 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against RTTWO's 24%.

Correlation: -0.02
Size ratio: 1 : 1049.6

Take-Two Interactive Software Tokenized Stock (Reality)RTTWO

$209.7700

24h: +8.12%
Market cap: $186,406
Volume 24h: $12,159
Volatility (ann.): 24%

SpaceX (bStocks Tokenized Stock)SPCXB

$132.3800

24h: +1.08%
Market cap: $195.65M
Volume 24h: $48.58M
Volatility (ann.): 71%

RTTWO 0.1%Share of the two combined market caps99.9% SPCXB

Performance

RTTWOSPCXB

7 days+3.26%-6.33%RTTWO
30 days-1.12%-21.79%RTTWO
90 days—+17.70%—

Correlation

-0.02over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0290d: 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	RTTWO	SPCXB
Max drawdown (400d)	-4.9%	-47.5%
Risk-adjusted return (90d)	-0.05	0.28

Relative strength over 90 days: SPCXB outperformed RTTWO by 13.2% — measured on the RTTWO/SPCXB ratio, so it holds regardless of market direction.

Take-Two Interactive Software Tokenized Stock (Reality) →SpaceX (bStocks Tokenized Stock) →