Costco • Robinhood Token vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 243.2× the size of Costco • Robinhood Token (COST) by market capitalisation. Their daily returns move barely together (correlation 0.11 across 37 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against COST's 29%.

Correlation: 0.11
Size ratio: 1 : 243.2

Costco • Robinhood TokenCOST

$1,021.3

24h: -1.67%
Market cap: $674,147
Volume 24h: $174,221
Volatility (ann.): 29%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.3900

24h: +5.17%
Market cap: $163.95M
Volume 24h: $23.61M
Volatility (ann.): 82%

COST 0.4%Share of the two combined market caps99.6% CRCLB

Performance

COSTCRCLB

7 days+11.03%-7.34%COST
30 days+12.02%-10.38%COST
90 days—+21.21%—

Correlation

0.11over 37 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1490d: 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	COST	CRCLB
Max drawdown (400d)	-6.0%	-31.5%
Risk-adjusted return (90d)	0.27	0.25

Relative strength over 90 days: COST outperformed CRCLB by 36.5% — measured on the COST/CRCLB ratio, so it holds regardless of market direction.

Costco • Robinhood Token →Circle Internet Group (bStocks Tokenized Stock) →