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

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 879.6× the size of Seagate Tokenized Stock (Reality) (RSTX) by market capitalisation. Their daily returns move barely together (correlation 0.28 across 25 shared trading days). Both have run at a similar volatility, around 77% annualised.

Correlation: 0.28
Size ratio: 1 : 879.6

Seagate Tokenized Stock (Reality)RSTX

$541.6400

24h: -8.15%
Market cap: $167,684
Volume 24h: $489,744
Volatility (ann.): 73%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$69.3500

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

RSTX 0.1%Share of the two combined market caps99.9% CRCLB

Performance

RSTXCRCLB

7 days-8.58%-5.56%CRCLB
30 days+0.44%-9.22%RSTX
90 days—+19.24%—

Correlation

0.28over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2890d: 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	RSTX	CRCLB
Max drawdown (400d)	-18.0%	-31.5%
Risk-adjusted return (90d)	0.01	0.23

Relative strength over 90 days: RSTX outperformed CRCLB by 0.4% — measured on the RSTX/CRCLB ratio, so it holds regardless of market direction.

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