Pfizer xStock vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 432.7× the size of Pfizer xStock (PFEX) by market capitalisation. Their daily returns move loosely together (correlation 0.40 across 26 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against PFEX's 28%.

Correlation: 0.40
Size ratio: 1 : 432.7

Pfizer xStockPFEX

$32.4300

24h: +2.67%
Market cap: $370,300
Volume 24h: $337,973
Volatility (ann.): 28%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.2400

24h: +0.56%
Market cap: $160.24M
Volume 24h: $41.83M
Volatility (ann.): 82%

PFEX 0.2%Share of the two combined market caps99.8% CRCLB

Performance

PFEXCRCLB

7 days-4.37%-5.56%PFEX
30 days-5.04%-9.22%PFEX
90 days—+19.24%—

Correlation

0.40over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4090d: 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	PFEX	CRCLB
Max drawdown (400d)	-5.7%	-31.5%
Risk-adjusted return (90d)	-0.18	0.23

Relative strength over 90 days: PFEX outperformed CRCLB by 17.1% — measured on the PFEX/CRCLB ratio, so it holds regardless of market direction.

Pfizer xStock →Circle Internet Group (bStocks Tokenized Stock) →