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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 43.0× the size of AXT (bStocks Tokenized Stock) (AXTIB) by market capitalisation. Over the past 90 days, CRCLB is ahead by 45.0 percentage points (AXTIB -23.8% against CRCLB +21.2%). Their daily returns move barely together (correlation 0.19 across 105 shared trading days). AXTIB has been the more volatile of the two, at 167% annualised against CRCLB's 82%.

Correlation: 0.19
Size ratio: 1 : 43.0
Ahead over 90 days: CRCLB

AXT (bStocks Tokenized Stock)AXTIB

$49.5200

24h: -1.27%
Market cap: $3.69M
Volume 24h: $577,442
Volatility (ann.): 167%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$73.7000

24h: +0.49%
Market cap: $158.63M
Volume 24h: $25.34M
Volatility (ann.): 82%

AXTIB 2.3%Share of the two combined market caps97.7% CRCLB

Performance

AXTIBCRCLB

7 days-10.33%-7.34%CRCLB
30 days-39.46%-10.38%CRCLB
90 days-23.82%+21.21%CRCLB

Correlation

0.19over 105 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3790d: 0.231y: 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	AXTIB	CRCLB
Max drawdown (400d)	-48.8%	-31.5%
Risk-adjusted return (90d)	-0.18	0.25

Relative strength over 90 days: CRCLB outperformed AXTIB by 37.1% — measured on the AXTIB/CRCLB ratio, so it holds regardless of market direction.

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