Strategy Tokenized Stock (Reality) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 14.9× the size of Strategy Tokenized Stock (Reality) (RMSTR) by market capitalisation. Their daily returns move closely together (correlation 0.82 across 25 shared trading days). Both have run at a similar volatility, around 84% annualised.

Correlation: 0.82
Size ratio: 1 : 14.9

Strategy Tokenized Stock (Reality)RMSTR

$132.0100

24h: +0.30%
Market cap: $11.13M
Volume 24h: $1.47M
Volatility (ann.): 85%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.3400

24h: +0.70%
Market cap: $165.99M
Volume 24h: $43.26M
Volatility (ann.): 82%

RMSTR 6.3%Share of the two combined market caps93.7% CRCLB

Performance

RMSTRCRCLB

7 days-5.16%-7.34%RMSTR
30 days+17.03%-10.38%RMSTR
90 days—+21.21%—

Correlation

0.82over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.8290d: 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	RMSTR	CRCLB
Max drawdown (400d)	-10.2%	-31.5%
Risk-adjusted return (90d)	0.20	0.25

Relative strength over 90 days: RMSTR outperformed CRCLB by 17.0% — measured on the RMSTR/CRCLB ratio, so it holds regardless of market direction.

Strategy Tokenized Stock (Reality) →Circle Internet Group (bStocks Tokenized Stock) →