SharpLink Gaming Tokenized Stock (Reality) vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 3337.6× the size of SharpLink Gaming Tokenized Stock (Reality) (RSBET) by market capitalisation. Their daily returns move closely together (correlation 0.65 across 26 shared trading days). Both have run at a similar volatility, around 82% annualised.

Correlation: 0.65
Size ratio: 1 : 3337.6

SharpLink Gaming Tokenized Stock (Reality)RSBET

$7.1500

24h: +10.05%
Market cap: $45,602
Volume 24h: $307
Volatility (ann.): 81%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$68.9800

24h: -9.20%
Market cap: $152.20M
Volume 24h: $44.31M
Volatility (ann.): 83%

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

Performance

RSBETCRCLB

7 days-18.85%-10.02%CRCLB
30 days-6.26%-18.89%RSBET
90 days—+1.70%—

Correlation

0.65over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6590d: 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	RSBET	CRCLB
Max drawdown (400d)	-23.9%	-35.4%
Risk-adjusted return (90d)	-0.08	0.02

Relative strength over 90 days: CRCLB outperformed RSBET by 7.1% — measured on the RSBET/CRCLB ratio, so it holds regardless of market direction.

SharpLink Gaming Tokenized Stock (Reality) →Circle Internet Group (bStocks Tokenized Stock) →