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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 4911.2× the size of Costco Tokenized Stock (Reality) (RCOST) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.32 across 25 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against RCOST's 20%.

Correlation: -0.32
Size ratio: 1 : 4911.2

Costco Tokenized Stock (Reality)RCOST

$1,050.75

24h: +3.26%
Market cap: $30,407
Volume 24h: $71
Volatility (ann.): 20%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$67.9600

24h: -11.11%
Market cap: $149.34M
Volume 24h: $40.83M
Volatility (ann.): 82%

RCOST 0.0%Share of the two combined market caps100.0% CRCLB

Performance

RCOSTCRCLB

7 days+6.21%-5.56%RCOST
30 days+8.16%-9.22%RCOST
90 days—+19.24%—

Correlation

-0.32over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3290d: 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	RCOST	CRCLB
Max drawdown (400d)	-1.5%	-31.5%
Risk-adjusted return (90d)	0.41	0.23

Relative strength over 90 days: RCOST outperformed CRCLB by 7.2% — measured on the RCOST/CRCLB ratio, so it holds regardless of market direction.

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