McDonald's Tokenized Stock (Reality) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 299.0× the size of McDonald's Tokenized Stock (Reality) (RMCD) by market capitalisation. Their daily returns move barely together (correlation 0.24 across 25 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against RMCD's 24%.

Correlation: 0.24
Size ratio: 1 : 299.0

McDonald's Tokenized Stock (Reality)RMCD

$280.1900

24h: +6.74%
Market cap: $493,266
Volume 24h: $64,551
Volatility (ann.): 24%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$69.3500

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

RMCD 0.3%Share of the two combined market caps99.7% CRCLB

Performance

RMCDCRCLB

7 days+1.51%-5.56%RMCD
30 days-6.72%-9.22%RMCD
90 days—+19.24%—

Correlation

0.24over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2490d: 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	RMCD	CRCLB
Max drawdown (400d)	-8.7%	-31.5%
Risk-adjusted return (90d)	-0.28	0.23

Relative strength over 90 days: CRCLB outperformed RMCD by 7.9% — measured on the RMCD/CRCLB ratio, so it holds regardless of market direction.

McDonald's Tokenized Stock (Reality) →Circle Internet Group (bStocks Tokenized Stock) →