AbbVie xStock vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 548.0× the size of AbbVie xStock (ABBVX) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.02 across 111 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against ABBVX's 52%.

Correlation: -0.02
Size ratio: 1 : 548.0

AbbVie xStockABBVX

$295.7000

24h: +3.36%
Market cap: $293,446
Volume 24h: $33,297
Volatility (ann.): 52%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.0400

24h: +0.69%
Market cap: $160.82M
Volume 24h: $42.23M
Volatility (ann.): 82%

ABBVX 0.2%Share of the two combined market caps99.8% CRCLB

Performance

ABBVXCRCLB

7 days-1.56%-5.56%ABBVX
30 days+2.66%-9.22%ABBVX
90 days+5.66%+19.24%CRCLB
1 year+13.24%——

Correlation

-0.02over 111 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2990d: 0.031y: 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	ABBVX	CRCLB
Max drawdown (400d)	-20.1%	-31.5%
Risk-adjusted return (90d)	0.20	0.23

Relative strength over 90 days: CRCLB outperformed ABBVX by 21.4% — measured on the ABBVX/CRCLB ratio, so it holds regardless of market direction.

AbbVie xStock →Circle Internet Group (bStocks Tokenized Stock) →