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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 126.8× the size of Corning (bStocks Tokenized Stock) (GLWB) by market capitalisation. Over the past 90 days, CRCLB is ahead by 39.4 percentage points (GLWB -18.1% against CRCLB +21.2%). Their daily returns move barely together (correlation 0.25 across 120 shared trading days). Both have run at a similar volatility, around 79% annualised.

Correlation: 0.25
Size ratio: 1 : 126.8
Ahead over 90 days: CRCLB

Corning (bStocks Tokenized Stock)GLWB

$123.1700

24h: -0.29%
Market cap: $1.25M
Volume 24h: $230,881
Volatility (ann.): 75%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$73.7000

24h: +0.49%
Market cap: $158.63M
Volume 24h: $25.34M
Volatility (ann.): 82%

GLWB 0.8%Share of the two combined market caps99.2% CRCLB

Performance

GLWBCRCLB

7 days+0.78%-7.34%GLWB
30 days-22.90%-10.38%CRCLB
90 days-18.15%+21.21%CRCLB

Correlation

0.25over 120 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5090d: 0.201y: 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	GLWB	CRCLB
Max drawdown (400d)	-37.2%	-31.5%
Risk-adjusted return (90d)	-0.28	0.25

Relative strength over 90 days: CRCLB outperformed GLWB by 32.5% — measured on the GLWB/CRCLB ratio, so it holds regardless of market direction.

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