Robinhood Markets Tokenized Stock (Reality) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 208.2× the size of Robinhood Markets Tokenized Stock (Reality) (RHOOD) by market capitalisation. Their daily returns move closely together (correlation 0.75 across 35 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against RHOOD's 48%.

Correlation: 0.75
Size ratio: 1 : 208.2

Robinhood Markets Tokenized Stock (Reality)RHOOD

$87.2200

24h: +3.98%
Market cap: $769,561
Volume 24h: $195,329
Volatility (ann.): 48%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.2500

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

RHOOD 0.5%Share of the two combined market caps99.5% CRCLB

Performance

RHOODCRCLB

7 days-3.07%-5.56%RHOOD
30 days-22.83%-9.22%CRCLB
90 days—+19.24%—

Correlation

0.75over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7690d: 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	RHOOD	CRCLB
Max drawdown (400d)	-26.2%	-31.5%
Risk-adjusted return (90d)	-0.46	0.23

Relative strength over 90 days: CRCLB outperformed RHOOD by 14.3% — measured on the RHOOD/CRCLB ratio, so it holds regardless of market direction.

Robinhood Markets Tokenized Stock (Reality) →Circle Internet Group (bStocks Tokenized Stock) →