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

SpaceX (bStocks Tokenized Stock) (SPCXB) is 1.2× the size of Circle Internet Group (bStocks Tokenized Stock) (CRCLB) by market capitalisation. Over the past 90 days, CRCLB is ahead by 1.5 percentage points (CRCLB +19.2% against SPCXB +17.7%). Their daily returns move barely together (correlation 0.20 across 146 shared trading days). Both have run at a similar volatility, around 77% annualised.

Correlation: 0.20
Size ratio: 1 : 1.2
Ahead over 90 days: CRCLB

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.8800

24h: +1.89%
Market cap: $160.82M
Volume 24h: $43.73M
Volatility (ann.): 82%

SpaceX (bStocks Tokenized Stock)SPCXB

$133.6300

24h: -2.81%
Market cap: $195.30M
Volume 24h: $66.65M
Volatility (ann.): 71%

CRCLB 45.2%Share of the two combined market caps54.8% SPCXB

Performance

CRCLBSPCXB

7 days-5.56%-6.33%CRCLB
30 days-9.22%-21.79%CRCLB
90 days+19.24%+17.70%CRCLB

Correlation

0.20over 146 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3690d: 0.221y: 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	CRCLB	SPCXB
Max drawdown (400d)	-31.5%	-47.5%
Risk-adjusted return (90d)	0.23	0.28

Relative strength over 90 days: CRCLB outperformed SPCXB by 1.3% — measured on the CRCLB/SPCXB ratio, so it holds regardless of market direction.

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