Hi Howard,
Wood can get wet regularly without issue so long as it can dry quickly. Wood that gets wet and remains wet (think an encapsulated floating tenon that has no natural airflow or weep holes to let moisture drain) will rot. Beech has no natural resistance to decay whereas Sipo does. If your project only needs to last a year or two then it really doesn't matter which domino tenons you use as it's been deemed disposable at the time of fabrication. However, if you want any measurable durability Sipo is the only purchased choice to use.
I am assuming you are asking the question as cost is an issue and you prefer not to buy a full box of Sipo tenons for a single project. Some independent Festool dealers will split boxes and sell individual long lengths of domino material as a service to their customers as full boxes are costly and you can cut them to the length you need. You can check with your local dealer to see it this is an option for you if you prefer not to buy a full box of tenons. Alternatively you could make your own out of mahogany if only a handful are needed. I would not use cedar or redwood despite their natural resistance to decay and the wood is too soft for this purpose. You could also reach out to the forum to see if someone is willing to sell or gift you some if you only need a few.
Good luck!
James