Nu • Robinhood Token vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 1257.6× the size of Nu • Robinhood Token (NU) by market capitalisation. Their daily returns move barely together (correlation 0.25 across 39 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against NU's 66%.

Correlation: 0.25
Size ratio: 1 : 1257.6

Nu • Robinhood TokenNU

$11.8900

24h: +2.06%
Market cap: $127,873
Volume 24h: $15,362
Volatility (ann.): 66%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.0400

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

NU 0.1%Share of the two combined market caps99.9% CRCLB

Performance

NUCRCLB

7 days-0.66%-5.56%NU
30 days-20.94%-9.22%CRCLB
90 days—+19.24%—

Correlation

0.25over 39 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2590d: 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	NU	CRCLB
Max drawdown (400d)	-29.7%	-31.5%
Risk-adjusted return (90d)	-0.28	0.23

Relative strength over 90 days: CRCLB outperformed NU by 4.8% — measured on the NU/CRCLB ratio, so it holds regardless of market direction.

Nu • Robinhood Token →Circle Internet Group (bStocks Tokenized Stock) →