Rivian Automotive • Robinhood Token vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 534.9× the size of Rivian Automotive • Robinhood Token (RIVN) by market capitalisation. Their daily returns move barely together (correlation 0.16 across 36 shared trading days). Both have run at a similar volatility, around 80% annualised.

Correlation: 0.16
Size ratio: 1 : 534.9

Rivian Automotive • Robinhood TokenRIVN

$13.1500

24h: -0.43%
Market cap: $311,776
Volume 24h: $27,307
Volatility (ann.): 78%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.8900

24h: +0.92%
Market cap: $166.78M
Volume 24h: $41.87M
Volatility (ann.): 82%

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

Performance

RIVNCRCLB

7 days-11.88%-7.34%CRCLB
30 days-17.96%-10.38%CRCLB
90 days—+21.21%—

Correlation

0.16over 36 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1190d: 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	RIVN	CRCLB
Max drawdown (400d)	-28.3%	-31.5%
Risk-adjusted return (90d)	-0.21	0.25

Relative strength over 90 days: RIVN outperformed CRCLB by 3.3% — measured on the RIVN/CRCLB ratio, so it holds regardless of market direction.

Rivian Automotive • Robinhood Token →Circle Internet Group (bStocks Tokenized Stock) →