Rocket Lab aStock vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 406995.9× the size of Rocket Lab aStock (ARKLB) by market capitalisation. Their daily returns move barely together (correlation 0.09 across 31 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against ARKLB's 64%.

Correlation: 0.09
Size ratio: 1 : 406995.9

Rocket Lab aStockARKLB

$51.7700

24h: -2.74%
Market cap: $398
Volume 24h: —
Volatility (ann.): 64%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$76.0200

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

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

Performance

ARKLBCRCLB

7 days+6.04%-5.56%ARKLB
30 days-26.84%-9.22%CRCLB
90 days—+19.24%—

Correlation

0.09over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0990d: 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	ARKLB	CRCLB
Max drawdown (400d)	-32.0%	-31.5%
Risk-adjusted return (90d)	-0.42	0.23

Relative strength over 90 days: CRCLB outperformed ARKLB by 19.7% — measured on the ARKLB/CRCLB ratio, so it holds regardless of market direction.

Rocket Lab aStock →Circle Internet Group (bStocks Tokenized Stock) →