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

SpaceX (bStocks Tokenized Stock) (SPCXB) is 79.2× the size of Walmart (Ondo Tokenized Stock) (WMTON) by market capitalisation. Over the past 90 days, SPCXB is ahead by 32.7 percentage points (WMTON -4.5% against SPCXB +28.2%). Their daily returns move barely together (correlation 0.16 across 109 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against WMTON's 28%.

Correlation: 0.16
Size ratio: 1 : 79.2
Ahead over 90 days: SPCXB

Walmart (Ondo Tokenized Stock)WMTON

$125.2400

24h: -2.56%
Market cap: $2.50M
Volume 24h: $863,325
Volatility (ann.): 28%

SpaceX (bStocks Tokenized Stock)SPCXB

$134.0400

24h: -5.02%
Market cap: $198.24M
Volume 24h: $69.93M
Volatility (ann.): 71%

WMTON 1.2%Share of the two combined market caps98.8% SPCXB

Performance

WMTONSPCXB

7 days+2.68%-5.60%WMTON
30 days+5.39%-11.42%WMTON
90 days-4.47%+28.18%SPCXB

Correlation

0.16over 109 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3190d: 0.171y: 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	WMTON	SPCXB
Max drawdown (400d)	-23.1%	-47.5%
Risk-adjusted return (90d)	-0.14	0.45

Relative strength over 90 days: WMTON outperformed SPCXB by 12.6% — measured on the WMTON/SPCXB ratio, so it holds regardless of market direction.

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