Paypal (bStocks Tokenized Stock) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 169.8× the size of Paypal (bStocks Tokenized Stock) (PYPLB) by market capitalisation. Over the past 90 days, CRCLB is ahead by 23.1 percentage points (PYPLB -1.9% against CRCLB +21.2%). Their daily returns move barely together (correlation 0.21 across 98 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against PYPLB's 38%.

Correlation: 0.21
Size ratio: 1 : 169.8
Ahead over 90 days: CRCLB

Paypal (bStocks Tokenized Stock)PYPLB

$59.5700

24h: -0.78%
Market cap: $940,353
Volume 24h: $1.25M
Volatility (ann.): 38%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$74.2100

24h: +0.71%
Market cap: $159.66M
Volume 24h: $26.07M
Volatility (ann.): 82%

PYPLB 0.6%Share of the two combined market caps99.4% CRCLB

Performance

PYPLBCRCLB

7 days+3.88%-7.34%PYPLB
30 days+9.22%-10.38%PYPLB
90 days-1.91%+21.21%CRCLB

Correlation

0.21over 98 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1990d: 0.231y: 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	PYPLB	CRCLB
Max drawdown (400d)	-18.4%	-31.5%
Risk-adjusted return (90d)	-0.05	0.25

Relative strength over 90 days: CRCLB outperformed PYPLB by 19.1% — measured on the PYPLB/CRCLB ratio, so it holds regardless of market direction.

Paypal (bStocks Tokenized Stock) →Circle Internet Group (bStocks Tokenized Stock) →