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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 13812.9× the size of GlobalFoundries Tokenized Stock (Reality) (RGFS) by market capitalisation. Their daily returns move barely together (correlation 0.06 across 25 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against RGFS's 60%.

Correlation: 0.06
Size ratio: 1 : 13812.9

GlobalFoundries Tokenized Stock (Reality)RGFS

$39.6700

24h: -6.90%
Market cap: $10,469
Volume 24h: $31,874
Volatility (ann.): 60%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$67.5300

24h: -12.77%
Market cap: $144.61M
Volume 24h: $40.56M
Volatility (ann.): 82%

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

Performance

RGFSCRCLB

7 days-9.79%-5.56%CRCLB
30 days-13.40%-9.22%CRCLB
90 days—+19.24%—

Correlation

0.06over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0690d: 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	RGFS	CRCLB
Max drawdown (400d)	-15.3%	-31.5%
Risk-adjusted return (90d)	-0.22	0.23

Relative strength over 90 days: CRCLB outperformed RGFS by 3.5% — measured on the RGFS/CRCLB ratio, so it holds regardless of market direction.

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