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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 9.1× the size of NVIDIA • Robinhood Token (NVDA) by market capitalisation. Their daily returns move loosely together (correlation 0.49 across 40 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against NVDA's 34%.

Correlation: 0.49
Size ratio: 1 : 9.1

NVIDIA • Robinhood TokenNVDA

$204.4500

24h: -0.05%
Market cap: $17.42M
Volume 24h: $28.11M
Volatility (ann.): 34%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$73.7000

24h: +0.49%
Market cap: $158.63M
Volume 24h: $25.34M
Volatility (ann.): 82%

NVDA 9.9%Share of the two combined market caps90.1% CRCLB

Performance

NVDACRCLB

7 days-3.78%-7.34%NVDA
30 days-10.17%-10.38%NVDA
90 days—+21.21%—

Correlation

0.49over 40 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4890d: 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	NVDA	CRCLB
Max drawdown (400d)	-12.6%	-31.5%
Risk-adjusted return (90d)	-0.14	0.25

Relative strength over 90 days: NVDA outperformed CRCLB by 11.8% — measured on the NVDA/CRCLB ratio, so it holds regardless of market direction.

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