SanDisk Tokenized Stock (Reality) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 13.3× the size of SanDisk Tokenized Stock (Reality) (RSNDK) by market capitalisation. Their daily returns move loosely together (correlation 0.48 across 25 shared trading days). CRCLB has been the more volatile of the two, at 82% annualised against RSNDK's 70%.

Correlation: 0.48
Size ratio: 1 : 13.3

SanDisk Tokenized Stock (Reality)RSNDK

$1,091.4

24h: -0.36%
Market cap: $12.09M
Volume 24h: $1.24M
Volatility (ann.): 70%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.8300

24h: +1.89%
Market cap: $160.82M
Volume 24h: $43.73M
Volatility (ann.): 82%

RSNDK 7.0%Share of the two combined market caps93.0% CRCLB

Performance

RSNDKCRCLB

7 days-6.25%-5.56%CRCLB
30 days+5.34%-9.22%RSNDK
90 days—+19.24%—

Correlation

0.48over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4890d: 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	RSNDK	CRCLB
Max drawdown (400d)	-14.8%	-31.5%
Risk-adjusted return (90d)	0.08	0.23

Relative strength over 90 days: RSNDK outperformed CRCLB by 5.3% — measured on the RSNDK/CRCLB ratio, so it holds regardless of market direction.

SanDisk Tokenized Stock (Reality) →Circle Internet Group (bStocks Tokenized Stock) →