Apple (Coinbase Tokenized Stock) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 66.3× the size of Apple (Coinbase Tokenized Stock) (AAPLC) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.02 across 40 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against AAPLC's 24%.

Correlation: -0.02
Size ratio: 1 : 66.3

Apple (Coinbase Tokenized Stock)AAPLC

$327.7500

24h: -0.29%
Market cap: $2.41M
Volume 24h: $5.13M
Volatility (ann.): 24%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$74.2100

24h: +0.71%
Market cap: $159.66M
Volume 24h: $26.07M
Volatility (ann.): 82%

AAPLC 1.5%Share of the two combined market caps98.5% CRCLB

Performance

AAPLCCRCLB

7 days-4.64%-7.34%AAPLC
30 days+4.72%-10.38%AAPLC
90 days—+21.21%—

Correlation

-0.02over 40 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0290d: 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	AAPLC	CRCLB
Max drawdown (400d)	-5.4%	-31.5%
Risk-adjusted return (90d)	0.13	0.25

Relative strength over 90 days: AAPLC outperformed CRCLB by 19.9% — measured on the AAPLC/CRCLB ratio, so it holds regardless of market direction.

Apple (Coinbase Tokenized Stock) →Circle Internet Group (bStocks Tokenized Stock) →