AST SpaceMobile Tokenized Stock (Reality) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 181.8× the size of AST SpaceMobile Tokenized Stock (Reality) (RASTS) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.09 across 25 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against RASTS's 70%.

Correlation: -0.09
Size ratio: 1 : 181.8

AST SpaceMobile Tokenized Stock (Reality)RASTS

$35.3500

24h: -2.55%
Market cap: $881,492
Volume 24h: $2,742
Volatility (ann.): 70%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.0600

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

RASTS 0.5%Share of the two combined market caps99.5% CRCLB

Performance

RASTSCRCLB

7 days-6.48%-5.56%CRCLB
30 days-6.91%-9.22%RASTS
90 days—+19.24%—

Correlation

-0.09over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0990d: 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	RASTS	CRCLB
Max drawdown (400d)	-14.1%	-31.5%
Risk-adjusted return (90d)	-0.10	0.23

Relative strength over 90 days: CRCLB outperformed RASTS by 6.9% — measured on the RASTS/CRCLB ratio, so it holds regardless of market direction.

AST SpaceMobile Tokenized Stock (Reality) →Circle Internet Group (bStocks Tokenized Stock) →