Trump Media & Technology Group Corp (bStocks Tokenized Stock) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 120.8× the size of Trump Media & Technology Group Corp (bStocks Tokenized Stock) (DJTB) by market capitalisation. Their daily returns move loosely together (correlation 0.36 across 70 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against DJTB's 51%.

Correlation: 0.36
Size ratio: 1 : 120.8

Trump Media & Technology Group Corp (bStocks Tokenized Stock)DJTB

$5.5400

24h: -0.46%
Market cap: $1.64M
Volume 24h: $73,386
Volatility (ann.): 51%

SpaceX (bStocks Tokenized Stock)SPCXB

$135.5800

24h: -0.83%
Market cap: $198.53M
Volume 24h: $45.25M
Volatility (ann.): 71%

DJTB 0.8%Share of the two combined market caps99.2% SPCXB

Performance

DJTBSPCXB

7 days-7.04%-5.60%SPCXB
30 days-33.71%-11.42%SPCXB
90 days—+28.18%—

Correlation

0.36over 70 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2290d: 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	DJTB	SPCXB
Max drawdown (400d)	-42.5%	-47.5%
Risk-adjusted return (90d)	-0.73	0.45

Relative strength over 90 days: SPCXB outperformed DJTB by 37.6% — measured on the DJTB/SPCXB ratio, so it holds regardless of market direction.

Trump Media & Technology Group Corp (bStocks Tokenized Stock) →SpaceX (bStocks Tokenized Stock) →