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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 58.1× the size of Qualcomm (bStocks Tokenized Stock) (QCOMB) by market capitalisation. Over the past 90 days, CRCLB is ahead by 16.5 percentage points (QCOMB +4.8% against CRCLB +21.2%). Their daily returns move barely together (correlation 0.29 across 120 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against QCOMB's 50%.

Correlation: 0.29
Size ratio: 1 : 58.1
Ahead over 90 days: CRCLB

Qualcomm (bStocks Tokenized Stock)QCOMB

$167.2100

24h: -0.66%
Market cap: $2.75M
Volume 24h: $131,221
Volatility (ann.): 50%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$73.8100

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

QCOMB 1.7%Share of the two combined market caps98.3% CRCLB

Performance

QCOMBCRCLB

7 days-10.96%-7.34%CRCLB
30 days-13.06%-10.38%CRCLB
90 days+4.75%+21.21%CRCLB

Correlation

0.29over 120 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5690d: 0.251y: 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	QCOMB	CRCLB
Max drawdown (400d)	-22.9%	-31.5%
Risk-adjusted return (90d)	0.10	0.25

Relative strength over 90 days: CRCLB outperformed QCOMB by 13.6% — measured on the QCOMB/CRCLB ratio, so it holds regardless of market direction.

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