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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 44.6× the size of Nvidia Tokenized Stock (Reality) (RNVDA) by market capitalisation. Their daily returns move barely together (correlation 0.24 across 25 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against RNVDA's 24%.

Correlation: 0.24
Size ratio: 1 : 44.6

Nvidia Tokenized Stock (Reality)RNVDA

$204.0500

24h: -0.14%
Market cap: $3.75M
Volume 24h: $11.66M
Volatility (ann.): 24%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$77.2300

24h: +1.44%
Market cap: $167.21M
Volume 24h: $42.54M
Volatility (ann.): 82%

RNVDA 2.2%Share of the two combined market caps97.8% CRCLB

Performance

RNVDACRCLB

7 days-1.41%-7.34%RNVDA
30 days+8.78%-10.38%RNVDA
90 days—+21.21%—

Correlation

0.24over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2490d: 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	RNVDA	CRCLB
Max drawdown (400d)	-3.8%	-31.5%
Risk-adjusted return (90d)	0.37	0.25

Relative strength over 90 days: RNVDA outperformed CRCLB by 8.8% — measured on the RNVDA/CRCLB ratio, so it holds regardless of market direction.

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