Joby Aviation Tokenized Stock (Reality) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 692.9× the size of Joby Aviation Tokenized Stock (Reality) (RJOBY) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.01 across 25 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against RJOBY's 37%.

Correlation: -0.01
Size ratio: 1 : 692.9

Joby Aviation Tokenized Stock (Reality)RJOBY

$5.2900

24h: +10.26%
Market cap: $215,516
Volume 24h: $149,172
Volatility (ann.): 37%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$67.8600

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

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

Performance

RJOBYCRCLB

7 days-8.75%-5.56%CRCLB
30 days-11.58%-9.22%CRCLB
90 days—+19.24%—

Correlation

-0.01over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0190d: 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	RJOBY	CRCLB
Max drawdown (400d)	-16.0%	-31.5%
Risk-adjusted return (90d)	-0.32	0.23

Relative strength over 90 days: CRCLB outperformed RJOBY by 12.7% — measured on the RJOBY/CRCLB ratio, so it holds regardless of market direction.

Joby Aviation Tokenized Stock (Reality) →Circle Internet Group (bStocks Tokenized Stock) →