Marvell Technology Tokenized Stock (Reality) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 57.4× the size of Marvell Technology Tokenized Stock (Reality) (RMRVL) by market capitalisation. Their daily returns move barely together (correlation 0.21 across 25 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against RMRVL's 50%.

Correlation: 0.21
Size ratio: 1 : 57.4

Marvell Technology Tokenized Stock (Reality)RMRVL

$166.2300

24h: -4.82%
Market cap: $2.91M
Volume 24h: $52,717
Volatility (ann.): 50%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$77.2300

24h: +1.44%
Market cap: $167.21M
Volume 24h: $42.54M
Volatility (ann.): 82%

RMRVL 1.7%Share of the two combined market caps98.3% CRCLB

Performance

RMRVLCRCLB

7 days+0.52%-7.34%RMRVL
30 days+23.52%-10.38%RMRVL
90 days—+21.21%—

Correlation

0.21over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2190d: 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	RMRVL	CRCLB
Max drawdown (400d)	-4.7%	-31.5%
Risk-adjusted return (90d)	0.47	0.25

Relative strength over 90 days: RMRVL outperformed CRCLB by 23.5% — measured on the RMRVL/CRCLB ratio, so it holds regardless of market direction.

Marvell Technology Tokenized Stock (Reality) →Circle Internet Group (bStocks Tokenized Stock) →