Nebius (bStocks Tokenized Stock) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 24.7× the size of Nebius (bStocks Tokenized Stock) (NBISB) by market capitalisation. Over the past 90 days, CRCLB is ahead by 49.8 percentage points (NBISB -28.6% against CRCLB +21.2%). Their daily returns move barely together (correlation 0.30 across 120 shared trading days). NBISB has been the more volatile of the two, at 124% annualised against CRCLB's 82%.

Correlation: 0.30
Size ratio: 1 : 24.7
Ahead over 90 days: CRCLB

Nebius (bStocks Tokenized Stock)NBISB

$145.5200

24h: -1.04%
Market cap: $6.47M
Volume 24h: $404,568
Volatility (ann.): 124%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$73.8100

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

NBISB 3.9%Share of the two combined market caps96.1% CRCLB

Performance

NBISBCRCLB

7 days-10.82%-7.34%CRCLB
30 days-37.15%-10.38%CRCLB
90 days-28.55%+21.21%CRCLB

Correlation

0.30over 120 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6590d: 0.231y: 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	NBISB	CRCLB
Max drawdown (400d)	-48.6%	-31.5%
Risk-adjusted return (90d)	-0.28	0.25

Relative strength over 90 days: CRCLB outperformed NBISB by 41.1% — measured on the NBISB/CRCLB ratio, so it holds regardless of market direction.

Nebius (bStocks Tokenized Stock) →Circle Internet Group (bStocks Tokenized Stock) →