Rocket Lab Corporation • Robinhood Token vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 3213.5× the size of Rocket Lab Corporation • Robinhood Token (RKLB) by market capitalisation. Their daily returns move barely together (correlation 0.01 across 35 shared trading days). Both have run at a similar volatility, around 79% annualised.

Correlation: 0.01
Size ratio: 1 : 3213.5

Rocket Lab Corporation • Robinhood TokenRKLB

$52.0100

24h: -1.04%
Market cap: $45,897
Volume 24h: $9
Volatility (ann.): 76%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$69.3500

24h: -9.75%
Market cap: $147.49M
Volume 24h: $34.87M
Volatility (ann.): 82%

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

Performance

RKLBCRCLB

7 days-12.12%-5.56%CRCLB
30 days-29.31%-9.22%CRCLB
90 days—+19.24%—

Correlation

0.01over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0190d: 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	RKLB	CRCLB
Max drawdown (400d)	-32.0%	-31.5%
Risk-adjusted return (90d)	-0.37	0.23

Relative strength over 90 days: CRCLB outperformed RKLB by 21.1% — measured on the RKLB/CRCLB ratio, so it holds regardless of market direction.

Rocket Lab Corporation • Robinhood Token →Circle Internet Group (bStocks Tokenized Stock) →