KLA Corporation • Robinhood Token vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 66455.1× the size of KLA Corporation • Robinhood Token (KLAC) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.27 across 25 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against KLAC's 68%.

Correlation: -0.27
Size ratio: 1 : 66455.1

KLA Corporation • Robinhood TokenKLAC

$148.1500

24h: —
Market cap: $2,219
Volume 24h: $238
Volatility (ann.): 68%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$69.3500

24h: -9.75%
Market cap: $147.49M
Volume 24h: $34.87M
Volatility (ann.): 82%

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

Performance

KLACCRCLB

7 days-0.75%-5.56%KLAC
30 days-21.93%-9.22%CRCLB
90 days—+19.24%—

Correlation

-0.27over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2790d: 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	KLAC	CRCLB
Max drawdown (400d)	-29.1%	-31.5%
Risk-adjusted return (90d)	-0.32	0.23

Relative strength over 90 days: CRCLB outperformed KLAC by 14.3% — measured on the KLAC/CRCLB ratio, so it holds regardless of market direction.

KLA Corporation • Robinhood Token →Circle Internet Group (bStocks Tokenized Stock) →