USA Rare Earth (bStocks Tokenized Stock) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 218.7× the size of USA Rare Earth (bStocks Tokenized Stock) (USARB) by market capitalisation. Over the past 90 days, SPCXB is ahead by 77.0 percentage points (USARB -48.8% against SPCXB +28.2%). Their daily returns move barely together (correlation 0.26 across 91 shared trading days). USARB has been the more volatile of the two, at 87% annualised against SPCXB's 71%.

Correlation: 0.26
Size ratio: 1 : 218.7
Ahead over 90 days: SPCXB

USA Rare Earth (bStocks Tokenized Stock)USARB

$8.9600

24h: -0.01%
Market cap: $902,511
Volume 24h: $136,788
Volatility (ann.): 87%

SpaceX (bStocks Tokenized Stock)SPCXB

$134.7100

24h: -1.99%
Market cap: $197.38M
Volume 24h: $46.76M
Volatility (ann.): 71%

USARB 0.5%Share of the two combined market caps99.5% SPCXB

Performance

USARBSPCXB

7 days-15.26%-5.60%SPCXB
30 days-36.15%-11.42%SPCXB
90 days-48.78%+28.18%SPCXB

Correlation

0.26over 91 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3090d: 0.261y: 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	USARB	SPCXB
Max drawdown (400d)	-56.4%	-47.5%
Risk-adjusted return (90d)	-0.56	0.45

Relative strength over 90 days: SPCXB outperformed USARB by 60.0% — measured on the USARB/SPCXB ratio, so it holds regardless of market direction.

USA Rare Earth (bStocks Tokenized Stock) →SpaceX (bStocks Tokenized Stock) →