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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 123.4× the size of Netflix (bStocks Tokenized Stock) (NFLXB) by market capitalisation. Over the past 90 days, CRCLB is ahead by 36.4 percentage points (NFLXB -15.2% against CRCLB +21.2%). Their daily returns move barely together (correlation 0.06 across 91 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against NFLXB's 34%.

Correlation: 0.06
Size ratio: 1 : 123.4
Ahead over 90 days: CRCLB

Netflix (bStocks Tokenized Stock)NFLXB

$66.4000

24h: +0.02%
Market cap: $1.35M
Volume 24h: $363,908
Volatility (ann.): 34%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.3600

24h: +1.34%
Market cap: $167.11M
Volume 24h: $43.07M
Volatility (ann.): 82%

NFLXB 0.8%Share of the two combined market caps99.2% CRCLB

Performance

NFLXBCRCLB

7 days+0.73%-7.34%NFLXB
30 days-6.65%-10.38%NFLXB
90 days-15.18%+21.21%CRCLB

Correlation

0.06over 91 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1090d: 0.061y: 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	NFLXB	CRCLB
Max drawdown (400d)	-24.9%	-31.5%
Risk-adjusted return (90d)	-0.44	0.25

Relative strength over 90 days: CRCLB outperformed NFLXB by 30.0% — measured on the NFLXB/CRCLB ratio, so it holds regardless of market direction.

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