Arm Holdings plc Tokenized Stock (Reality) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 806.2× the size of Arm Holdings plc Tokenized Stock (Reality) (RARM) by market capitalisation. Their daily returns move loosely together (correlation 0.40 across 25 shared trading days). RARM has been the more volatile of the two, at 100% annualised against CRCLB's 82%.

Correlation: 0.40
Size ratio: 1 : 806.2

Arm Holdings plc Tokenized Stock (Reality)RARM

$185.6800

24h: -6.52%
Market cap: $198,748
Volume 24h: $45,846
Volatility (ann.): 100%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.0600

24h: +0.56%
Market cap: $160.24M
Volume 24h: $41.83M
Volatility (ann.): 82%

RARM 0.1%Share of the two combined market caps99.9% CRCLB

Performance

RARMCRCLB

7 days-10.63%-5.56%CRCLB
30 days+13.67%-9.22%RARM
90 days—+19.24%—

Correlation

0.40over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4090d: 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	RARM	CRCLB
Max drawdown (400d)	-17.6%	-31.5%
Risk-adjusted return (90d)	0.14	0.23

Relative strength over 90 days: RARM outperformed CRCLB by 13.7% — measured on the RARM/CRCLB ratio, so it holds regardless of market direction.

Arm Holdings plc Tokenized Stock (Reality) →Circle Internet Group (bStocks Tokenized Stock) →