Bending Spoons Tokenized Stock (Reality) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 95308.7× the size of Bending Spoons Tokenized Stock (Reality) (RBSP) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.35 across 25 shared trading days). RBSP has been the more volatile of the two, at 204% annualised against CRCLB's 82%.

Correlation: -0.35
Size ratio: 1 : 95308.7

Bending Spoons Tokenized Stock (Reality)RBSP

$43.0200

24h: -5.43%
Market cap: $1,700
Volume 24h: $17,340
Volatility (ann.): 204%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.0100

24h: +2.25%
Market cap: $162.04M
Volume 24h: $41.12M
Volatility (ann.): 82%

RBSP 0.0%Share of the two combined market caps100.0% CRCLB

Performance

RBSPCRCLB

7 days-3.20%-5.56%RBSP
30 days+39.48%-9.22%RBSP
90 days—+19.24%—

Correlation

-0.35over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3590d: 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	RBSP	CRCLB
Max drawdown (400d)	-20.6%	-31.5%
Risk-adjusted return (90d)	0.19	0.23

Relative strength over 90 days: RBSP outperformed CRCLB by 44.6% — measured on the RBSP/CRCLB ratio, so it holds regardless of market direction.

Bending Spoons Tokenized Stock (Reality) →Circle Internet Group (bStocks Tokenized Stock) →