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

SpaceX (bStocks Tokenized Stock) (SPCXB) is 168.1× the size of Vertiv (Ondo Tokenized) (VRTON) by market capitalisation. Over the past 90 days, SPCXB is ahead by 54.7 percentage points (VRTON -26.5% against SPCXB +28.2%). Their daily returns move barely together (correlation 0.15 across 109 shared trading days). Both have run at a similar volatility, around 68% annualised.

Correlation: 0.15
Size ratio: 1 : 168.1
Ahead over 90 days: SPCXB

Vertiv (Ondo Tokenized)VRTON

$229.5500

24h: +1.21%
Market cap: $1.16M
Volume 24h: $1.11M
Volatility (ann.): 65%

SpaceX (bStocks Tokenized Stock)SPCXB

$134.5600

24h: -3.55%
Market cap: $194.82M
Volume 24h: $55.07M
Volatility (ann.): 71%

VRTON 0.6%Share of the two combined market caps99.4% SPCXB

Performance

VRTONSPCXB

7 days-2.62%-5.60%VRTON
30 days-4.89%-11.42%VRTON
90 days-26.51%+28.18%SPCXB

Correlation

0.15over 109 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4990d: 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	VRTON	SPCXB
Max drawdown (400d)	-40.2%	-47.5%
Risk-adjusted return (90d)	-0.38	0.45

Relative strength over 90 days: SPCXB outperformed VRTON by 13.4% — measured on the VRTON/SPCXB ratio, so it holds regardless of market direction.

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