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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 1055.0× the size of Figma Tokenized Stock (Reality) (RFIG) by market capitalisation. Their daily returns move barely together (correlation 0.25 across 25 shared trading days). CRCLB has been the more volatile of the two, at 83% annualised against RFIG's 40%.

Correlation: 0.25
Size ratio: 1 : 1055.0

Figma Tokenized Stock (Reality)RFIG

$18.5800

24h: -12.54%
Market cap: $143,071
Volume 24h: $583
Volatility (ann.): 40%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$69.1400

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

RFIG 0.1%Share of the two combined market caps99.9% CRCLB

Performance

RFIGCRCLB

7 days-0.95%-10.02%RFIG
30 days-8.67%-18.89%RFIG
90 days—+1.70%—

Correlation

0.25over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2590d: 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	RFIG	CRCLB
Max drawdown (400d)	-15.1%	-35.4%
Risk-adjusted return (90d)	-0.21	0.02

Relative strength over 90 days: CRCLB outperformed RFIG by 8.1% — measured on the RFIG/CRCLB ratio, so it holds regardless of market direction.

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