Berkshire Hathaway xStock vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 70.9× the size of Berkshire Hathaway xStock (BRK.BX) by market capitalisation. Their daily returns move barely together (correlation 0.13 across 31 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against BRK.BX's 16%.

Correlation: 0.13
Size ratio: 1 : 70.9

Berkshire Hathaway xStockBRK.BX

$557.6400

24h: +0.42%
Market cap: $2.25M
Volume 24h: $48,872
Volatility (ann.): 16%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$73.8400

24h: +0.71%
Market cap: $159.66M
Volume 24h: $26.07M
Volatility (ann.): 82%

BRK.BX 1.4%Share of the two combined market caps98.6% CRCLB

Performance

BRK.BXCRCLB

7 days+0.12%-7.34%BRK.BX
30 days-0.07%-10.38%BRK.BX
90 days—+21.21%—

Correlation

0.13over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1390d: 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	BRK.BX	CRCLB
Max drawdown (400d)	-3.5%	-31.5%
Risk-adjusted return (90d)	0.00	0.25

Relative strength over 90 days: BRK.BX outperformed CRCLB by 4.0% — measured on the BRK.BX/CRCLB ratio, so it holds regardless of market direction.

Berkshire Hathaway xStock →Circle Internet Group (bStocks Tokenized Stock) →