Quantum Computing • Robinhood Token vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 1088.8× the size of Quantum Computing • Robinhood Token (QUBT) by market capitalisation. Their daily returns move barely together (correlation 0.24 across 39 shared trading days). Both have run at a similar volatility, around 80% annualised.

Correlation: 0.24
Size ratio: 1 : 1088.8

Quantum Computing • Robinhood TokenQUBT

$6.4100

24h: +1.31%
Market cap: $148,241
Volume 24h: $39,212
Volatility (ann.): 78%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.6500

24h: +0.27%
Market cap: $161.41M
Volume 24h: $37.31M
Volatility (ann.): 82%

QUBT 0.1%Share of the two combined market caps99.9% CRCLB

Performance

QUBTCRCLB

7 days-5.18%-5.56%QUBT
30 days-21.35%-9.22%CRCLB
90 days—+19.24%—

Correlation

0.24over 39 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4190d: 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	QUBT	CRCLB
Max drawdown (400d)	-30.8%	-31.5%
Risk-adjusted return (90d)	-0.24	0.23

Relative strength over 90 days: CRCLB outperformed QUBT by 4.9% — measured on the QUBT/CRCLB ratio, so it holds regardless of market direction.

Quantum Computing • Robinhood Token →Circle Internet Group (bStocks Tokenized Stock) →