Astera Labs (bStocks Tokenized Stock) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 206.9× the size of Astera Labs (bStocks Tokenized Stock) (ALABB) by market capitalisation. Over the past 90 days, CRCLB is ahead by 49.2 percentage points (ALABB -28.0% against CRCLB +21.2%). Their daily returns move barely together (correlation 0.33 across 91 shared trading days). Both have run at a similar volatility, around 81% annualised.

Correlation: 0.33
Size ratio: 1 : 206.9
Ahead over 90 days: CRCLB

Astera Labs (bStocks Tokenized Stock)ALABB

$212.2400

24h: -0.67%
Market cap: $801,170
Volume 24h: $118,282
Volatility (ann.): 80%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.0900

24h: +1.22%
Market cap: $165.77M
Volume 24h: $38.35M
Volatility (ann.): 82%

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

Performance

ALABBCRCLB

7 days-20.54%-7.34%CRCLB
30 days-35.33%-10.38%CRCLB
90 days-27.96%+21.21%CRCLB

Correlation

0.33over 91 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4690d: 0.331y: 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	ALABB	CRCLB
Max drawdown (400d)	-41.4%	-31.5%
Risk-adjusted return (90d)	-0.35	0.25

Relative strength over 90 days: CRCLB outperformed ALABB by 40.6% — measured on the ALABB/CRCLB ratio, so it holds regardless of market direction.

Astera Labs (bStocks Tokenized Stock) →Circle Internet Group (bStocks Tokenized Stock) →