ASML (bStocks Tokenized Stock) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 46.6× the size of ASML (bStocks Tokenized Stock) (ASMLB) by market capitalisation. Over the past 90 days, CRCLB is ahead by 32.3 percentage points (ASMLB -13.1% against CRCLB +19.2%). Their daily returns move barely together (correlation 0.18 across 92 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against ASMLB's 37%.

Correlation: 0.18
Size ratio: 1 : 46.6
Ahead over 90 days: CRCLB

ASML (bStocks Tokenized Stock)ASMLB

$1,463.45

24h: -0.26%
Market cap: $3.48M
Volume 24h: $94,610
Volatility (ann.): 37%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.4500

24h: +3.09%
Market cap: $161.92M
Volume 24h: $43.99M
Volatility (ann.): 82%

ASMLB 2.1%Share of the two combined market caps97.9% CRCLB

Performance

ASMLBCRCLB

7 days-8.97%-5.56%CRCLB
30 days-20.04%-9.22%CRCLB
90 days-13.10%+19.24%CRCLB

Correlation

0.18over 92 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4290d: 0.171y: 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	ASMLB	CRCLB
Max drawdown (400d)	-20.8%	-31.5%
Risk-adjusted return (90d)	-0.36	0.23

Relative strength over 90 days: CRCLB outperformed ASMLB by 27.1% — measured on the ASMLB/CRCLB ratio, so it holds regardless of market direction.

ASML (bStocks Tokenized Stock) →Circle Internet Group (bStocks Tokenized Stock) →