Micron Technology (bStocks Tokenized Stock) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 2.1× the size of Micron Technology (bStocks Tokenized Stock) (MUB) by market capitalisation. Over the past 90 days, CRCLB is ahead by 23.0 percentage points (MUB -1.8% against CRCLB +21.2%). Their daily returns move barely together (correlation 0.28 across 146 shared trading days). Both have run at a similar volatility, around 86% annualised.

Correlation: 0.28
Size ratio: 1 : 2.1
Ahead over 90 days: CRCLB

Micron Technology (bStocks Tokenized Stock)MUB

$792.9800

24h: -7.97%
Market cap: $77.24M
Volume 24h: $32.83M
Volatility (ann.): 90%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.1500

24h: +0.51%
Market cap: $165.28M
Volume 24h: $44.60M
Volatility (ann.): 82%

MUB 31.8%Share of the two combined market caps68.2% CRCLB

Performance

MUBCRCLB

7 days-8.61%-7.34%CRCLB
30 days-19.98%-10.38%CRCLB
90 days-1.83%+21.21%CRCLB

Correlation

0.28over 146 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4790d: 0.371y: 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	MUB	CRCLB
Max drawdown (400d)	-40.3%	-31.5%
Risk-adjusted return (90d)	-0.03	0.25

Relative strength over 90 days: CRCLB outperformed MUB by 19.0% — measured on the MUB/CRCLB ratio, so it holds regardless of market direction.

Micron Technology (bStocks Tokenized Stock) →Circle Internet Group (bStocks Tokenized Stock) →