Eaton aStock vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 190298.8× the size of Eaton aStock (AETN) by market capitalisation. Their daily returns move barely together (correlation 0.33 across 31 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against AETN's 38%.

Correlation: 0.33
Size ratio: 1 : 190298.8

Eaton aStockAETN

$384.3700

24h: +1.28%
Market cap: $845
Volume 24h: —
Volatility (ann.): 38%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.8300

24h: +1.89%
Market cap: $160.82M
Volume 24h: $43.73M
Volatility (ann.): 82%

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

Performance

AETNCRCLB

7 days-2.22%-5.56%AETN
30 days-15.19%-9.22%CRCLB
90 days—+19.24%—

Correlation

0.33over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3390d: 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	AETN	CRCLB
Max drawdown (400d)	-17.2%	-31.5%
Risk-adjusted return (90d)	-0.40	0.23

Relative strength over 90 days: CRCLB outperformed AETN by 7.0% — measured on the AETN/CRCLB ratio, so it holds regardless of market direction.

Eaton aStock →Circle Internet Group (bStocks Tokenized Stock) →