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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 11.9× the size of Circle Internet Group Tokenized Stock (Reality) (RCRCL) by market capitalisation. Their daily returns move very closely together (correlation 0.88 across 34 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against RCRCL's 58%.

Correlation: 0.88
Size ratio: 1 : 11.9

Circle Internet Group Tokenized Stock (Reality)RCRCL

$73.5900

24h: +2.07%
Market cap: $13.72M
Volume 24h: $1.76M
Volatility (ann.): 58%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.4400

24h: -0.63%
Market cap: $163.12M
Volume 24h: $36.66M
Volatility (ann.): 82%

RCRCL 7.8%Share of the two combined market caps92.2% CRCLB

Performance

RCRCLCRCLB

7 days-7.23%-7.34%RCRCL
30 days-8.79%-10.38%RCRCL
90 days—+21.21%—

Correlation

0.88over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.8890d: 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	RCRCL	CRCLB
Max drawdown (400d)	-19.1%	-31.5%
Risk-adjusted return (90d)	-0.16	0.25

Relative strength over 90 days: RCRCL outperformed CRCLB by 0.6% — measured on the RCRCL/CRCLB ratio, so it holds regardless of market direction.

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