Vertiv Holdings Co • Robinhood Token vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 27838.8× the size of Vertiv Holdings Co • Robinhood Token (VRT) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.15 across 20 shared trading days). VRT has been the more volatile of the two, at 139% annualised against SPCXB's 71%.

Correlation: -0.15
Size ratio: 1 : 27838.8

Vertiv Holdings Co • Robinhood TokenVRT

$234.2400

24h: -1.10%
Market cap: $7,035
Volume 24h: $28
Volatility (ann.): 139%

SpaceX (bStocks Tokenized Stock)SPCXB

$123.4800

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

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

Performance

VRTSPCXB

7 days-10.19%-6.33%SPCXB
30 days—-21.79%—
90 days—+17.70%—

Correlation

-0.15over 20 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	VRT	SPCXB
Max drawdown (400d)	-17.6%	-47.5%
Risk-adjusted return (90d)	—	0.28

Relative strength over 90 days: VRT outperformed SPCXB by 4.5% — measured on the VRT/SPCXB ratio, so it holds regardless of market direction.

Vertiv Holdings Co • Robinhood Token →SpaceX (bStocks Tokenized Stock) →