Bank of America xStock vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 710.1× the size of Bank of America xStock (BACX) by market capitalisation. Their daily returns move loosely in opposite directions (correlation -0.37 across 28 shared trading days). BACX has been the more volatile of the two, at 329% annualised against CRCLB's 82%.

Correlation: -0.37
Size ratio: 1 : 710.1

Bank of America xStockBACX

$51.2600

24h: +3.04%
Market cap: $207,711
Volume 24h: $1,055
Volatility (ann.): 329%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$68.8800

24h: -9.75%
Market cap: $147.49M
Volume 24h: $34.87M
Volatility (ann.): 82%

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

Performance

BACXCRCLB

7 days-21.15%-5.56%CRCLB
30 days-20.23%-9.22%CRCLB
90 days—+19.24%—

Correlation

-0.37over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3790d: 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	BACX	CRCLB
Max drawdown (400d)	-23.3%	-31.5%
Risk-adjusted return (90d)	-0.01	0.23

Relative strength over 90 days: CRCLB outperformed BACX by 2.3% — measured on the BACX/CRCLB ratio, so it holds regardless of market direction.

Bank of America xStock →Circle Internet Group (bStocks Tokenized Stock) →