Lumentum Holdings (bStocks Tokenized Stock) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 147.5× the size of Lumentum Holdings (bStocks Tokenized Stock) (LITEB) by market capitalisation. Over the past 90 days, CRCLB is ahead by 38.3 percentage points (LITEB -17.1% against CRCLB +21.2%). Their daily returns move barely together (correlation 0.23 across 127 shared trading days). LITEB has been the more volatile of the two, at 108% annualised against CRCLB's 82%.

Correlation: 0.23
Size ratio: 1 : 147.5
Ahead over 90 days: CRCLB

Lumentum Holdings (bStocks Tokenized Stock)LITEB

$646.6300

24h: -0.40%
Market cap: $1.08M
Volume 24h: $1.24M
Volatility (ann.): 108%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$73.9600

24h: +0.71%
Market cap: $159.66M
Volume 24h: $26.07M
Volatility (ann.): 82%

LITEB 0.7%Share of the two combined market caps99.3% CRCLB

Performance

LITEBCRCLB

7 days-21.78%-7.34%CRCLB
30 days-37.75%-10.38%CRCLB
90 days-17.13%+21.21%CRCLB

Correlation

0.23over 127 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4090d: 0.171y: 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	LITEB	CRCLB
Max drawdown (400d)	-39.9%	-31.5%
Risk-adjusted return (90d)	-0.17	0.25

Relative strength over 90 days: CRCLB outperformed LITEB by 31.6% — measured on the LITEB/CRCLB ratio, so it holds regardless of market direction.

Lumentum Holdings (bStocks Tokenized Stock) →Circle Internet Group (bStocks Tokenized Stock) →