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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 354.8× the size of Corning Tokenized Stock (Reality) (RGLW) by market capitalisation. Their daily returns move barely together (correlation 0.28 across 25 shared trading days). CRCLB has been the more volatile of the two, at 83% annualised against RGLW's 60%.

Correlation: 0.28
Size ratio: 1 : 354.8

Corning Tokenized Stock (Reality)RGLW

$106.1700

24h: -9.24%
Market cap: $425,436
Volume 24h: $122,244
Volatility (ann.): 60%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$69.1400

24h: -9.37%
Market cap: $150.94M
Volume 24h: $44.40M
Volatility (ann.): 83%

RGLW 0.3%Share of the two combined market caps99.7% CRCLB

Performance

RGLWCRCLB

7 days-6.84%-10.02%RGLW
30 days+6.58%-18.89%RGLW
90 days—+1.70%—

Correlation

0.28over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2890d: 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	RGLW	CRCLB
Max drawdown (400d)	-9.7%	-35.4%
Risk-adjusted return (90d)	0.11	0.02

Relative strength over 90 days: RGLW outperformed CRCLB by 6.6% — measured on the RGLW/CRCLB ratio, so it holds regardless of market direction.

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