Vertiv Tokenized Stock (Reality) vs SpaceX (bStocks Tokenized Stock)

SpaceX (bStocks Tokenized Stock) (SPCXB) is 1250.4× the size of Vertiv Tokenized Stock (Reality) (RVRT) by market capitalisation. Their daily returns move loosely together (correlation 0.39 across 25 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against RVRT's 35%.

Correlation: 0.39
Size ratio: 1 : 1250.4

Vertiv Tokenized Stock (Reality)RVRT

$202.7000

24h: -11.78%
Market cap: $145,052
Volume 24h: $78,935
Volatility (ann.): 35%

SpaceX (bStocks Tokenized Stock)SPCXB

$122.2300

24h: -10.41%
Market cap: $181.37M
Volume 24h: $39.91M
Volatility (ann.): 71%

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

Performance

RVRTSPCXB

7 days-3.17%-6.33%RVRT
30 days+4.23%-21.79%RVRT
90 days—+17.70%—

Correlation

0.39over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3990d: 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	RVRT	SPCXB
Max drawdown (400d)	-5.0%	-47.5%
Risk-adjusted return (90d)	0.12	0.28

Relative strength over 90 days: SPCXB outperformed RVRT by 8.5% — measured on the RVRT/SPCXB ratio, so it holds regardless of market direction.

Vertiv Tokenized Stock (Reality) →SpaceX (bStocks Tokenized Stock) →