ASML Holding NV • Robinhood Token vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 1185.9× the size of ASML Holding NV • Robinhood Token (ASML) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.01 across 39 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against ASML's 53%.

Correlation: -0.01
Size ratio: 1 : 1185.9

ASML Holding NV • Robinhood TokenASML

$1,472.32

24h: -3.27%
Market cap: $135,903
Volume 24h: $16,033
Volatility (ann.): 53%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.5000

24h: -0.94%
Market cap: $161.17M
Volume 24h: $40.39M
Volatility (ann.): 82%

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

Performance

ASMLCRCLB

7 days-9.50%-5.56%CRCLB
30 days-12.74%-9.22%CRCLB
90 days—+19.24%—

Correlation

-0.01over 39 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1390d: 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	ASML	CRCLB
Max drawdown (400d)	-18.1%	-31.5%
Risk-adjusted return (90d)	-0.18	0.23

Relative strength over 90 days: ASML outperformed CRCLB by 6.0% — measured on the ASML/CRCLB ratio, so it holds regardless of market direction.

ASML Holding NV • Robinhood Token →Circle Internet Group (bStocks Tokenized Stock) →