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

SpaceX (bStocks Tokenized Stock) (SPCXB) is 44275.5× the size of Xpeng Tokenized Stock (Reality) (RXPEV) by market capitalisation. Their daily returns move barely together (correlation 0.23 across 25 shared trading days). SPCXB has been the more volatile of the two, at 71% annualised against RXPEV's 37%.

Correlation: 0.23
Size ratio: 1 : 44275.5

Xpeng Tokenized Stock (Reality)RXPEV

$9.7500

24h: -1.71%
Market cap: $4,411
Volume 24h: $964
Volatility (ann.): 37%

SpaceX (bStocks Tokenized Stock)SPCXB

$133.6300

24h: -2.81%
Market cap: $195.30M
Volume 24h: $66.65M
Volatility (ann.): 71%

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

Performance

RXPEVSPCXB

7 days-2.19%-6.33%RXPEV
30 days-8.33%-21.79%RXPEV
90 days—+17.70%—

Correlation

0.23over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2390d: 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	RXPEV	SPCXB
Max drawdown (400d)	-13.1%	-47.5%
Risk-adjusted return (90d)	-0.23	0.28

Relative strength over 90 days: SPCXB outperformed RXPEV by 11.7% — measured on the RXPEV/SPCXB ratio, so it holds regardless of market direction.

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