Lam Research Tokenized Stock (Reality) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 1340.4× the size of Lam Research Tokenized Stock (Reality) (RLRCX) by market capitalisation. Their daily returns move barely together (correlation 0.35 across 25 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against RLRCX's 45%.

Correlation: 0.35
Size ratio: 1 : 1340.4

Lam Research Tokenized Stock (Reality)RLRCX

$216.4400

24h: -3.01%
Market cap: $110,034
Volume 24h: $10,621
Volatility (ann.): 45%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$69.3500

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

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

Performance

RLRCXCRCLB

7 days-7.96%-5.56%CRCLB
30 days+18.11%-9.22%RLRCX
90 days—+19.24%—

Correlation

0.35over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3590d: 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	RLRCX	CRCLB
Max drawdown (400d)	-8.4%	-31.5%
Risk-adjusted return (90d)	0.40	0.23

Relative strength over 90 days: RLRCX outperformed CRCLB by 18.1% — measured on the RLRCX/CRCLB ratio, so it holds regardless of market direction.

Lam Research Tokenized Stock (Reality) →Circle Internet Group (bStocks Tokenized Stock) →