BitGo Holdings Tokenized Stock (Reality) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 2259.2× the size of BitGo Holdings Tokenized Stock (Reality) (RBTGO) by market capitalisation. Their daily returns move closely together (correlation 0.68 across 25 shared trading days). RBTGO has been the more volatile of the two, at 96% annualised against CRCLB's 82%.

Correlation: 0.68
Size ratio: 1 : 2259.2

BitGo Holdings Tokenized Stock (Reality)RBTGO

$5.5500

24h: —
Market cap: $70,362
Volume 24h: $51
Volatility (ann.): 96%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$74.2500

24h: +0.44%
Market cap: $158.96M
Volume 24h: $33.23M
Volatility (ann.): 82%

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

Performance

RBTGOCRCLB

7 days-14.27%-5.56%CRCLB
30 days-12.72%-9.22%CRCLB
90 days—+19.24%—

Correlation

0.68over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6890d: 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	RBTGO	CRCLB
Max drawdown (400d)	-24.4%	-31.5%
Risk-adjusted return (90d)	-0.13	0.23

Relative strength over 90 days: CRCLB outperformed RBTGO by 13.5% — measured on the RBTGO/CRCLB ratio, so it holds regardless of market direction.

BitGo Holdings Tokenized Stock (Reality) →Circle Internet Group (bStocks Tokenized Stock) →