Alphabet aStock vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 13751.0× the size of Alphabet aStock (AGOOGL) by market capitalisation. Their daily returns move barely together (correlation 0.11 across 31 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against AGOOGL's 25%.

Correlation: 0.11
Size ratio: 1 : 13751.0

Alphabet aStockAGOOGL

$288.1500

24h: +4.16%
Market cap: $10,917
Volume 24h: —
Volatility (ann.): 25%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$68.1200

24h: -10.54%
Market cap: $150.12M
Volume 24h: $39.67M
Volatility (ann.): 82%

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

Performance

AGOOGLCRCLB

7 days-6.16%-5.56%CRCLB
30 days-7.59%-9.22%AGOOGL
90 days—+19.24%—

Correlation

0.11over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1190d: 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	AGOOGL	CRCLB
Max drawdown (400d)	-10.6%	-31.5%
Risk-adjusted return (90d)	-0.30	0.23

Relative strength over 90 days: AGOOGL outperformed CRCLB by 1.4% — measured on the AGOOGL/CRCLB ratio, so it holds regardless of market direction.

Alphabet aStock →Circle Internet Group (bStocks Tokenized Stock) →