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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 534.3× the size of NIO Tokenized Stock (Reality) (RNIO) by market capitalisation. Their daily returns move loosely together (correlation 0.38 across 25 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against RNIO's 36%.

Correlation: 0.38
Size ratio: 1 : 534.3

NIO Tokenized Stock (Reality)RNIO

$3.3700

24h: +7.37%
Market cap: $300,974
Volume 24h: $88,953
Volatility (ann.): 36%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.0400

24h: +0.69%
Market cap: $160.82M
Volume 24h: $42.23M
Volatility (ann.): 82%

RNIO 0.2%Share of the two combined market caps99.8% CRCLB

Performance

RNIOCRCLB

7 days+6.21%-5.56%RNIO
30 days-0.28%-9.22%RNIO
90 days—+19.24%—

Correlation

0.38over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3890d: 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	RNIO	CRCLB
Max drawdown (400d)	-9.1%	-31.5%
Risk-adjusted return (90d)	-0.01	0.23

Relative strength over 90 days: CRCLB outperformed RNIO by 1.6% — measured on the RNIO/CRCLB ratio, so it holds regardless of market direction.

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