NVIDIA (ST0x Tokenized Stock) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 9789.1× the size of NVIDIA (ST0x Tokenized Stock) (WTNVDA) by market capitalisation. Their daily returns move barely together (correlation 0.22 across 24 shared trading days). CRCLB has been the more volatile of the two, at 83% annualised against WTNVDA's 30%.

Correlation: 0.22
Size ratio: 1 : 9789.1

NVIDIA (ST0x Tokenized Stock)WTNVDA

$184.7700

24h: -7.12%
Market cap: $15,380
Volume 24h: $8,397
Volatility (ann.): 30%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$68.6200

24h: -10.07%
Market cap: $150.55M
Volume 24h: $44.41M
Volatility (ann.): 83%

WTNVDA 0.0%Share of the two combined market caps100.0% CRCLB

Performance

WTNVDACRCLB

7 days-7.00%-10.02%WTNVDA
30 days—-18.89%—
90 days—+1.70%—

Correlation

0.22over 24 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	WTNVDA	CRCLB
Max drawdown (400d)	-15.4%	-35.4%
Risk-adjusted return (90d)	-0.45	0.02

Relative strength over 90 days: WTNVDA outperformed CRCLB by 5.7% — measured on the WTNVDA/CRCLB ratio, so it holds regardless of market direction.

NVIDIA (ST0x Tokenized Stock) →Circle Internet Group (bStocks Tokenized Stock) →