Rivian Automotive Tokenized Stock (Reality) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 11711.9× the size of Rivian Automotive Tokenized Stock (Reality) (RRIVN) by market capitalisation. Their daily returns move barely together (correlation 0.12 across 26 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against RRIVN's 32%.

Correlation: 0.12
Size ratio: 1 : 11711.9

Rivian Automotive Tokenized Stock (Reality)RRIVN

$14.0000

24h: +6.75%
Market cap: $13,821
Volume 24h: $3,849
Volatility (ann.): 32%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.1200

24h: +3.02%
Market cap: $161.87M
Volume 24h: $43.92M
Volatility (ann.): 82%

RRIVN 0.0%Share of the two combined market caps100.0% CRCLB

Performance

RRIVNCRCLB

7 days-7.26%-5.56%CRCLB
30 days-12.69%-9.22%CRCLB
90 days—+19.24%—

Correlation

0.12over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1290d: 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	RRIVN	CRCLB
Max drawdown (400d)	-12.8%	-31.5%
Risk-adjusted return (90d)	-0.40	0.23

Relative strength over 90 days: CRCLB outperformed RRIVN by 12.1% — measured on the RRIVN/CRCLB ratio, so it holds regardless of market direction.

Rivian Automotive Tokenized Stock (Reality) →Circle Internet Group (bStocks Tokenized Stock) →