Adobe Tokenized Stock (Reality) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 4989.1× the size of Adobe Tokenized Stock (Reality) (RADBE) by market capitalisation. Their daily returns move barely together (correlation 0.24 across 25 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against RADBE's 33%.

Correlation: 0.24
Size ratio: 1 : 4989.1

Adobe Tokenized Stock (Reality)RADBE

$248.5800

24h: +2.43%
Market cap: $31,819
Volume 24h: $3,727
Volatility (ann.): 33%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$74.2300

24h: +0.33%
Market cap: $158.75M
Volume 24h: $34.09M
Volatility (ann.): 82%

RADBE 0.0%Share of the two combined market caps100.0% CRCLB

Performance

RADBECRCLB

7 days+1.86%-5.56%RADBE
30 days-6.04%-9.22%RADBE
90 days—+19.24%—

Correlation

0.24over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2490d: 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	RADBE	CRCLB
Max drawdown (400d)	-10.3%	-31.5%
Risk-adjusted return (90d)	-0.18	0.23

Relative strength over 90 days: CRCLB outperformed RADBE by 7.3% — measured on the RADBE/CRCLB ratio, so it holds regardless of market direction.

Adobe Tokenized Stock (Reality) →Circle Internet Group (bStocks Tokenized Stock) →