Goldman Sachs (bStocks Tokenized Stock) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 250.3× the size of Goldman Sachs (bStocks Tokenized Stock) (GSB) by market capitalisation. Over the past 90 days, CRCLB is ahead by 37.3 percentage points (GSB -16.1% against CRCLB +21.2%). Their daily returns move barely together (correlation 0.34 across 98 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against GSB's 25%.

Correlation: 0.34
Size ratio: 1 : 250.3
Ahead over 90 days: CRCLB

Goldman Sachs (bStocks Tokenized Stock)GSB

$917.9900

24h: +0.02%
Market cap: $651,616
Volume 24h: $44,293
Volatility (ann.): 25%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.4800

24h: -0.63%
Market cap: $163.12M
Volume 24h: $36.66M
Volatility (ann.): 82%

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

Performance

GSBCRCLB

7 days-1.88%-7.34%GSB
30 days-1.06%-10.38%GSB
90 days-16.10%+21.21%CRCLB

Correlation

0.34over 98 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4190d: 0.341y: 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	GSB	CRCLB
Max drawdown (400d)	-17.9%	-31.5%
Risk-adjusted return (90d)	-0.68	0.25

Relative strength over 90 days: CRCLB outperformed GSB by 30.8% — measured on the GSB/CRCLB ratio, so it holds regardless of market direction.

Goldman Sachs (bStocks Tokenized Stock) →Circle Internet Group (bStocks Tokenized Stock) →