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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 4428.6× the size of AeroVironment Tokenized Stock (Reality) (RAVAV) by market capitalisation. Their daily returns move loosely together (correlation 0.47 across 26 shared trading days). CRCLB has been the more volatile of the two, at 83% annualised against RAVAV's 40%.

Correlation: 0.47
Size ratio: 1 : 4428.6

AeroVironment Tokenized Stock (Reality)RAVAV

$112.9200

24h: —
Market cap: $34,368
Volume 24h: $15
Volatility (ann.): 40%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$68.7700

24h: -9.20%
Market cap: $152.20M
Volume 24h: $44.31M
Volatility (ann.): 83%

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

Performance

RAVAVCRCLB

7 days-5.87%-10.02%RAVAV
30 days-16.48%-18.89%RAVAV
90 days—+1.70%—

Correlation

0.47over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4790d: 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	RAVAV	CRCLB
Max drawdown (400d)	-19.7%	-35.4%
Risk-adjusted return (90d)	-0.42	0.02

Relative strength over 90 days: CRCLB outperformed RAVAV by 15.9% — measured on the RAVAV/CRCLB ratio, so it holds regardless of market direction.

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